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Ohio Becomes First State to Accept Bitcoin for Tax Payments

The Treasurer of Ohio announced this week that taxpayers in his state will be able to pay business taxes with cryptocurrency - making Ohio the first state in the U.S. to do so.

"Treasurer Mandel believes in leveraging cutting-edge technology to provide Ohioans more options and ease while interfacing with state government. The Treasurer's office is also working to help make Ohio a national leader in blockchain technology," according to the state's website OhioCrypto.com.

Business taxpayers can use Bitcoin to pay 23 different state taxes, from 911 wireless taxes to sales tax and withholding tax. Other cryptocurrency options will be added in the future. For more information, click here.

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