A new crypto bill was introduced in Washington on Thursday, focusing on the potential for utilizing Bitcoin (BTC) in federal tax transactions. Republican Representative Warren Davidson has aligned with the vision of making America the “crypto capital of the world,” as previously articulated by President Donald Trump.

Davidson’s proposed Bitcoin for America Act aims to enable American citizens to pay their federal taxes using Bitcoin, channeling these payments into a newly established Strategic Bitcoin Reserve.

Understanding The Bitcoin For America Act

Rep. Davidson believes that this measure could significantly enhance the nation’s long-term financial resilience and secure a leadership position for the US in the digital assets sector . He stated:

The Bitcoin for America Act

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