Ohio scores a crypto first with Bitcoin/tax bills move

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.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.