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Ohio State is the first in the United States to pay cryptocurrency taxes

In North America, you can now pay cryptocurrency taxes. True, so far only in one state – Ohio. Companies are free to pay a wide range of taxes in the crypt – from the sale of tobacco products to utility taxes.

Operations take place in three stages. First, the legal entity must register on the resource , then enter the data on taxes and, finally, choose the appropriate one for the transaction of the cryptographic wallets . Using the BitPay system, the funds will be converted from cryptocurrency into ordinary money, and they will fall into the state treasury.

Previously, other states (Illinois, Arizona, Georgia) also showed interest in paying cryptocurrency taxes, but for various reasons refused to innovate.

In recent days, the cryptocurrency market has been restless: Bitcoin has fallen below $ 4,000, and other coins have rolled after it. Today, the course of many cryptocurrencies has grown slightly.

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