🚀🚀 Big news for Bitcoin enthusiasts! Rep. Matt Gaetz (R-Florida) has introduced a bill that could make paying taxes with Bitcoin a reality in the U.S. 🇺🇸💰 This marks the first national-level effort to bring Bitcoin closer to being recognized as legal tender.

Gaetz believes that allowing Bitcoin tax payments would boost innovation and increase payment efficiency for American citizens. 🚀👏 "This is a bold step toward a future where digital currencies play a vital role in our financial system," he tweeted.

The bill also proposes that the Treasury could set regulations for Bitcoin payments, including a requirement for immediate conversion into US dollars. 💵💱

This comes after Gaetz's recent visit to El Salvador, where Bitcoin was established as legal tender in 2021. He was inspired by the country's vision for digital currency, which he believes has helped promote financial stability and job creation. 🌍🌱

With the U.S. Presidential elections only five months away, candidates are ramping up their crypto appeals. Ex-president Donald Trump has promised to end the "war on crypto" and make the U.S. "energy dominant" in the Bitcoin mining industry. 🏭🔋

Stay tuned for more updates on this exciting development! 📰👀