• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ohio Might Legalize Crypto Tax Payments

user avatar

by Giorgi Kostiuk

a year ago

Ohio State Senator Niraj Antani, who represents the state's sixth district, recently introduced a bill that aims to make it possible to pay taxes with crypto.

Senator Antani's Initiative

Senator Antani argues that his bill is meant to boost free enterprise and promote innovation. If the bill passes, government bodies would have to accept Bitcoin and alternative cryptocurrencies.

History of Crypto Acceptance in Ohio

Ohio became the first US state to start accepting Bitcoin tax payments back in November 2018. The payment system, powered by the popular cryptocurrency payment processor BitPay, converted crypto to US dollars. The program was run through the office of former Ohio Treasurer Josh Mandel.

The website that allows Ohioans to conduct crypto payments was shut down since there was no permission to operate the program.Josh Mandel

Future of the Bill

Even though crypto has gained a lot of popularity since 2018, Antani's bill is extremely unlikely to pass. The previous program in Ohio failed to gain traction, reaching fewer than ten payments.

Senator Antani's initiative could be an important step towards government-level recognition of cryptocurrencies, but it faces significant hurdles and skepticism.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Vector Parallax Capital Partners with Leading Securities Firms for 2026 Investment Strategy

chest

Vector Parallax Capital has announced a strategic partnership with leading securities firms in Germany and the USA to enhance global equity investment solutions for the 2026 Intelligent Asset Multiplication Plan.

user avatarSatoshi Nakamura

Onchain Interfaces and Decentralized Access in Ethereum

chest

Vitalik Buterin advocates for onchain user interfaces hosted on IPFS to enhance accessibility to decentralized applications and reduce reliance on centralized servers as part of Ethereum's 2026 roadmap.

user avatarJesper Sørensen

Ethereum's Privacy and Security Enhancements

chest

Vitalik Buterin emphasizes the importance of privacy and security in Ethereum's future, introducing tools for wallet protection and data privacy.

user avatarLucas Weissmann

X Revokes API Access to Tackle Low-Quality AI Content

chest

On January 17, 2026, X revoked API access for InfoFi applications to combat low-quality AI content on the Kaito platform, resulting in a 15% drop in Kaito's token.

user avatarFilippo Romano

Kaito Shifts Strategy in Response to New Crypto Market Dynamics

chest

Kaito shifts strategy to focus on creator campaigns and alternative incentives in response to new crypto market dynamics.

user avatarRajesh Kumar

Germany Takes Action Against AI-Generated Holocaust Images

chest

The German government and Holocaust memorial institutions have warned social media platforms about the spread of fake AI-generated images related to the Holocaust, emphasizing the need to combat misinformation that distorts historical events.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.