LaRose, Sprague call on State Board of Deposit to authorize cryptocurrency payments in Ohio

You may soon be able to pay fees, taxes in Ohio with cryptocurrency like Bitcoin

Ohioans are getting closer to being able to pay their taxes in cryptocurrency. A new GOP proposal lays the groundwork for digital tokens to become more mainstream.With the stock markets volatility, investment experts suggest diversifying your portfolio. Ohio politicians are trying to give more incentives for that, too."We are authorizing the use of cryptocurrency as just another way to keep up with the current practices that are generally accept…

Secetary LaRose, Treasurer Sprague call on State Board to Authorize Crytocurrency Payments - Daily Advocate & Early Bird News

COLUMBUS — Ohio Secretary of State Frank LaRose and Ohio Treasurer of State Robert Sprague called, April 24, on the State Board of Deposit to authorize the use of cryptocurrency, such as Bitcoin, to pay for state fees and services. “The United States is becoming a global leader in the use of cryptocurrency and digital asset technology, and Ohio should be at the forefront of this emerging economy,” said Secretary LaRose. “My office processes mill…

LaRose, Sprague call on State Board of Deposit to authorize cryptocurrency payments in Ohio

Under the proposal, state agencies would be authorized to accept cryptocurrency through a payment processor as designated by the treasurer’s office.

CoinStats - Ohio Moves Toward Accepting Cryptocurrencies ...

Highlights: Ohio’s new proposal would allow state agencies to accept cryptocurrencies for fees and services. Concerns about cryptocurrency volatility and security are being addressed with conversion to U.S. dollars. Two additional bills are being considered to protect cryptocurrency users and promote digital asset investments. Ohio could soon allow residents of the state to use cryptocurrencies to pay for fees and taxes following the proposal b…

LaRose, Sprague call on State Board of Deposit to authorize use of cryptocurrency | The Highland County Press

Ohio Secretary of State Frank LaRose and Ohio Treasurer of State Robert Sprague this week called on the State Board of Deposit to authorize the use of cryptocurrency, such as Bitcoin, to pay for state fees and services.