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Jeff Wade

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Missouri cryptocurrency

Financial News

Missouri legislation would shield cryptocurrency from some taxes

JEFFERSON CITY (The Center Square) – Missourians using digital or virtual currencies would be protected from some taxation under a bill introduced in the legislature. House Bill 2672, sponsored by Rep. Phil Christofanelli (R-St. Peters) exempts cryptocurrencies from property tax and securities regulation. The bill defines digital assets in Missouri’s Uniform Commercial Code. It would exempt the sale or use of cryptocurrency from money transmitter licensing requirements. “My goal is to ensure Missouri is open to innovation and opportunity as […]

todayFebruary 24, 2022 121

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