Missouri has become the first U.S. state to abolish the state-level capital gains tax on Bitcoin and other cryptocurrencies for individual investors.
While federal capital gains taxes still apply, this new law reduces the overall tax burden by up to 4.8%, making Missouri a pioneering hub for crypto investors seeking tax relief.
Missouri Bill To Eliminate Capital Gains Tax On Bitcoin – How High Could Mutuum Finance (MUTM) Rise https://t.co/tcNTG7kdQM
— Crypto Brothers (@LosKruptos) June 11, 2025
This groundbreaking move is expected to have ripple effects beyond Missouri, potentially inspiring other states or countries to reconsider capital gains taxation on cryptocurrencies. Lower taxes could boost crypto adoption and trading activity, benefiting projects like Mutuum Finance (MUTM), a decentralized finance (DeFi) platform with promising growth potential.
Mutuum Finance’s unique protocol allows users to act as lenders or borrowers in a non-custodial environment. Lenders earn passive income through annualised yields tied to the utilisation rate of lending pools. As borrowing increases, interest rates adjust dynamically, incentivising loan repayment and liquidity provision. This mechanism promotes capital efficiency and long-term stability, especially during volatile market conditions.
Security remains a top priority for Mutuum Finance. The platform recently passed a rigorous CertiK audit, earning a Token Scan Score of 80—an important benchmark that has boosted investor confidence. This audit helped MUTM secure a listing on CoinMarketCap, the world’s largest crypto price aggregator with over 350 million monthly visitors, significantly enhancing its visibility.
Mutuum Finance also plans to launch a bug bounty program, inviting ethical hackers to identify vulnerabilities. Additional security measures include third-party address screening to block malicious actors, cloud-based DDoS protection, and real-time intrusion detection to safeguard the platform’s frontend—all while preserving user anonymity.
The MUTM token presale is currently in phase 5, with tokens priced at $0.03. To date, over $10.3 million has been raised from nearly 12,000 buyers. The upcoming Phase 6 will increase the token price by 16.67%, reducing potential returns from 100% to approximately 83%. With over 30% of phase 5 tokens already sold, investors eager to capitalize on early-stage growth are advised to act swiftly.
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