{"id":6303,"date":"2025-12-23T10:39:59","date_gmt":"2025-12-23T10:39:59","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/12\/23\/no-more-crypto-tax-for-arizona-new-bills-signal-big-change\/"},"modified":"2025-12-23T10:39:59","modified_gmt":"2025-12-23T10:39:59","slug":"no-more-crypto-tax-for-arizona-new-bills-signal-big-change","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/12\/23\/no-more-crypto-tax-for-arizona-new-bills-signal-big-change\/","title":{"rendered":"No More Crypto Tax for Arizona? New Bills Signal Big Change"},"content":{"rendered":"

The post No More Crypto Tax for Arizona? New Bills Signal Big Change<\/a> appeared first on Coinpedia Fintech News<\/a><\/p>\n

Arizona lawmakers are back with a proposal that could remove state taxes on cryptocurrency altogether.<\/p>\n

State Senator Wendy Rogers<\/strong> has introduced a set of bills<\/a> and a constitutional resolution that aim to change how Arizona treats digital assets, from everyday crypto transactions to blockchain infrastructure.<\/p>\n

If approved, the move would place Arizona among the most crypto-friendly states in the U.S. when it comes to taxation.<\/p>\n

Huge moves! Here’s what you should know. <\/p>\n

Arizona Pushes to Exempt Crypto From State Taxes<\/h2>\n

The effort centers on SB 1044<\/strong>, a bill that would exempt virtual currency from taxation under Arizona law. <\/p>\n

\n

The proposal defines virtual currency as \u201ca digital representation of value that functions as a medium of exchange, a unit of account and a store of value other than a representation of the United States dollar or a foreign currency.\u201d<\/em><\/p>\n<\/blockquote>\n

To lock in that change, Rogers also filed SCR 1003<\/strong>, a resolution that would amend Arizona\u2019s constitution to explicitly exclude digital assets from property tax. Unlike regular legislation, this measure would need approval from voters in the November 2026<\/strong> general election.<\/p>\n

Together, the two measures aim to remove much of the tax burden tied to holding, using, or earning crypto at the state level.<\/p>\n

Protection for Blockchain Node Operators<\/h2>\n

A third proposal, SB 1045<\/strong>, focuses on blockchain infrastructure. The bill would prevent cities, counties, and towns from imposing \u201ca tax or fee on a person that runs a node on blockchain technology.\u201d<\/em><\/p>\n

This measure could move forward through the state legislature without a public vote, making it the most immediate of the three proposals.<\/p>\n

For node operators and mining firms, local taxes and fees are often cited as a major cost factor. Removing them could make Arizona more attractive for companies deciding where to expand or set up operations.<\/p>\n

Part of a Larger Crypto Policy Shift<\/h2>\n

Arizona\u2019s move comes as states across the U.S. test different approaches to crypto regulation and taxation. While Texas has pushed forward with a strategic Bitcoin reserve<\/a>, other states like Ohio and New York have explored narrower tax changes.<\/p>\n

At the same time, lawmakers in Washington have floated a bipartisan discussion draft aimed at aligning crypto taxes<\/a> with traditional financial assets, signaling growing momentum around modernizing digital asset tax rules at the federal level.<\/p>\n

Rogers\u2019 proposals stand out because they aim to eliminate state-level crypto taxes rather than adjust them.<\/p>\n

The path ahead is still uncertain. A similar Bitcoin reserve bill backed by Rogers was vetoed earlier this year by Governor Katie Hobbs<\/a>, and voter approval remains a major hurdle.<\/p>\n

Still, Arizona has now placed itself at the center of the growing debate over how digital assets should be taxed – and whether states should compete to attract the next wave of crypto infrastructure.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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