Why Does the U.S. Still Tax Bitcoin When Many Countries Don't?

As multiple countries adopt Bitcoin-friendly tax policies, the U.S. approach to cryptocurrency taxation is increasingly coming under scrutiny.

Bitcoin Tax-Free Zones Expand Globally

Regions including Dubai, El Salvador, Thailand, Puerto Rico, Singapore, and Germany (after one year of holding) have all implemented tax-free policies for Bitcoin, signaling growing acceptance of crypto assets.

U.S. Policies Lag Behind Global Trends

The American taxation of Bitcoin is now seen as misaligned with international practices. This framework not only hampers U.S. competitiveness in the crypto space but also contradicts stated national objectives for digital asset development.

Call for Policy Modernization

Industry experts urge U.S. policymakers to reform outdated regulations and better position the country to compete in the global digital economy.