TechFlow news — On August 8, according to Cointelegraph, the U.S. USABTC policy group has proposed a groundbreaking plan to establish Bitcoin tax-free Digital Economy Zones (DEZ) in the United States, aiming to boost economic growth and reinforce the global dominance of the U.S. dollar. The proposal would allow trading and accumulation of Bitcoin without capital gains taxes, though taxes would be levied upon redemption.
USABTC believes this move will create a "resilient and innovative" economic environment in the U.S., attracting investors and driving wealth creation while preserving the central role of the dollar. The plan also envisions building a Bitcoin-pegged system on a Layer 2 solution to ensure efficient and secure transactions. Collaborating closely with regulators, USABTC aims to begin implementation in 2025, with the DEZ expected to be fully operational by 2026, pending all necessary legislative and regulatory approvals.
