Ohio Senator Wants To Legalize Bitcoin & Crypto Tax Payments
Ohio State Senator Niraj Antani is pushing for a bill that would allow Ohioans to pay state taxes and fees using Bitcoin and other cryptocurrencies. This is a big deal, as it would make Ohio the second state to successfully implement such a program after Colorado.
The bill would also let Ohio’s state universities and public pension funds invest in crypto. This could give these institutions more flexibility in managing their finances.
Antani believes that “Cryptocurrency is not just the future, but it’s the present of our 21st-century economy,” and this bill could help Ohio stay ahead of the curve.
There’s been a growing interest in using crypto for state payments, but adoption has been slow. The federal government has been hesitant to embrace crypto, but some states are pushing forward. It will be interesting to see how this unfolds.
If you’re interested in learning more about the bill, you can find information on the Ohio State Senate website. You can also read up on Bitcoin and other cryptocurrencies at sites like Bitcoin.org.
