The new bill proposes a Strategic Bitcoin Reserve, allows taxes to be paid in BTC, and sets capital gains tax on Bitcoin to 0%.
A new legislative proposal in the United States seeks to change how federal tax law treats Bitcoin.
Specifically, the Bitcoin for America Act would allow taxpayers to pay federal taxes in Bitcoin and set capital gains tax to zero on those transactions.
Strategic Bitcoin Reserve Bill Could Redefine Crypto Policy
A new Strategic Bitcoin Reserve bill has just been introduced, proposing the formal establishment of a national Bitcoin reserve and recognizing Bitcoin as a strategic financial asset.
The move signals a major policy shift, positioning digital assets closer to the core of public finance and long-term economic planning.
The proposal would also allow taxes to be paid in Bitcoin, significantly expanding its real-world utility.
By integrating BTC into the tax system, the bill aims to legitimize its role in everyday financial operations and encourage broader adoption among individuals and businesses.
In a further bold step, the legislation seeks to set capital gains tax on Bitcoin at 0%.
Removing capital gains tax could eliminate a major barrier for investors, potentially accelerating adoption, boosting transaction activity, and strengthening the jurisdiction’s competitiveness in the global crypto landscape.
Bitcoin for America Act Introduced in Congress
In November 2025, U.S. Representative Warren Davidson introduced the Bitcoin for America Act.
The bill proposes that taxpayers may use Bitcoin to pay federal income tax obligations.
Moreover, the Bitcoin for America Act explicitly states that taxpayers will recognize no gain or loss when they transfer Bitcoin to the government for tax payments.
Under current law, regulators classify Bitcoin as property for tax purposes, meaning capital gains tax applies when users sell or exchange it.
The proposed legislation would remove that requirement for qualifying tax payments.
Lawmakers describe the measure as a structural adjustment to digital asset policy. The bill remains under consideration and has not yet advanced into law.
Related Reading: American Bitcoin Enters Top 20 With 6,000 BTC
International Developments and Related Proposals
Other countries are reviewing similar measures. On February 13, 2026, Brazil’s lower house received an amendment proposing a Strategic Sovereign Bitcoin Reserve known as RESBit.
The amendment also includes capital gains exemptions and tax payment options in Bitcoin.
In February 2026, the Czech Republic signed legislation removing capital gains tax on Bitcoin holdings.
The move aims to support digital asset activity within its jurisdiction. These changes reflect broader global policy discussions.
Within the United States, Senator Cynthia Lummis has promoted a separate de minimis exemption proposal.
That measure would remove capital gains tax on small crypto transactions under $300. The Bitcoin for America Act remains under review as part of ongoing digital asset legislation efforts.
Source: https://www.livebitcoinnews.com/new-bitcoin-reserve-bill-proposes-0-capital-gains-tax/
