Ohio Enters Record Books as the First US State To Accept Tax Payment in Bitcoin
26 Nov 2018 10:59 AM IST
Ohio is set to become the first state to allow businesses to pay taxes in Bitcoin. The state treasurer Josh Mandel made the announcement earlier yesterday, according to the Wall Street Journal. The?
- The WSJ says that Ohio has created a crypto portal OhioCrypto , which shall allow Ohio-based enterprises to pay their taxes in Bitcoin (BTC).
- The website’s FAQ states that paying with Bitcoin is quick, transparent and secure.
- The announcement comes at a time when most governments and central banks around the world are mulling ways to deal with cryptocurrencies which have taken over the world by storm.
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