Ohio scores a crypto first with Bitcoin/tax bills move

It is hooking up with BitPay for the initiative

Ohio is set to become the first US state to accept Bitcoin for tax bills.

Starting this week, local businesses can visit OhioCrypto.com and register to pay some taxes with the cryptocurrency. The initiative will eventually expand to individuals.

The state will be using BitPay to process the payments. Its Treasurer, Josh Mandel, says that the move is both convenient for tax filers and helps “plant a flag” for Ohio’s cryptocurrency adoption. “I do see Bitcoin as a legitimate form of money,” he comments.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

Previous Article

Missed last week’s top blockchain/crypto stories? Check out our quick round-up

Next Article

Anthony "Pomp" Pompliano is keeping the crypto faith

Read More Related articles