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Ohio first state to allow taxes to be paid with bitcoin

Norwalk Reflector | Full Article

Last week, Ohio became the first state to allow businesses to use bitcoin to pay 23 different taxes at OhioCrypto.com, a website run by the Office of the Ohio Treasurer.

“I believe if we’re going to make Ohio a place for the leaders in the technology economy we have to make Ohio a leader in technology first,” Ohio Treasurer Josh Mandel said. “I envision it as Ohio planting the flag to make us the leader in blockchain technology.”

Blockchain technology is a growing list of records linked by cryptography — coded secure communications — to act as a public ledger for cryptocurrency transactions. The technology was invented for bitcoin.

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