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Ohio will soon be the first state to accept Bitcoin for taxes





A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson

  • Ohio is becoming the first US state to accept the Bitcoin cryptocurrency for business tax payments.
  • Ohio politicians have been open about their desire to be on the forefront of blockchain technology adoption.
  • It’s good news for Bitcoin and cryptocurrency among a stream of recent negative news.

The state of Ohio will accept Bitcoin for Ohio business tax payments beginning this week — a first for the US, according to a report from The Wall Street Journal.

Bitcoin has struggled to become a widespread form of payment, but Ohio Treasurer Josh Mandel says that Bitcoin for business tax payments has several read more >>>

Source:: BusinessInsider.Com

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