Current Affairs - International - Discussion
Discussion Forum : International - Latest Current Affairs (Q.No. 5521)
5521.
Which of the following is the first US state to accept taxes in Bitcoin?
Answer: Option
Explanation:
Ohio will become the first US state to accept payment of taxes by businesses in Bitcoin, beginning this week. Businesses can pay 23 different taxes with Bitcoin, from employee withholding tax to fuel and sales tax, through an online cryptocurrency portal. The state will use BitPay, a cryptocurrency global payment system, to complete the process.
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