• 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

Path Toward 100,000: Bitcoin's Momentum Restored

chest

With momentum restored, the 100,000 level has returned as the primary upside target for Bitcoin.

user avatarElias Mukuru

Unusual Machines Achieves First Profitable Quarter

chest

Unusual Machines Inc. reported its first profitable quarter in Q3 2025, achieving a net income of $16 million, despite missing revenue estimates.

user avatarDiego Alvarez

Amprius Technologies Reports Significant Revenue Growth

chest

Amprius Technologies Inc. reported a revenue increase of over 100% in Q3 2025, achieving $214 million, driven by the demand for high-energy density batteries for drones.

user avatarMaria Fernandez

China Advances Drone Technology with New Military Drones

chest

China has showcased advanced drone technology, including the Jiu Tian Ninth Heaven drone mothership and the GJ11 Sharp stealth UCAV, enhancing its military capabilities.

user avatarKenji Takahashi

Husky Inu AI HINU Announces Upcoming Price Increase

chest

Husky Inu AI HINU is preparing for its next price increase during the prelaunch phase, which will see the value of the HINU token rise from 0.000025151 to 0.000025428.

user avatarGustavo Mendoza

Morpho Resilient DeFi Token Shows Early Signs of Stabilization

chest

Morpho token has shown resilience in the market, with whale investors increasing their holdings significantly, indicating potential recovery and interest in DeFi projects.

user avatarMiguel Rodriguez

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.