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Ohio takes a ‘bold step’ in state tax payments
Ohio is set to become the first U.S. state to accept cryptocurrency for official payments, following the Board of Deposit's approval of a vendor contract to process digital assets, such as Bitcoin, for state fees and services. On Sept. 25, Secretary of State Frank LaRose announced the decision, describing it as a "bold step" that will position Ohio at the forefront of the digital economy. "Ohio has always been a state of pioneers and innovators," LaRose said in a statement. This move comes after months of deliberation. In May, the State Board of Deposit voted unanimously to allow crypto payments, provided the vendor ... (full story)
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