Ohio Senator Introduces Bill to Allow Tax Payments in Bitcoin

Quick Summary:

Ohio Senator Introduces Bill to Allow Tax Payments in Bitcoin In a significant move towards broader adoption of digital assets, Ohio State Senator Niraj Antani introduced a bill on September 30, 2024, that would allow Ohio residents and businesses to pay their taxes using cryptocurrencies, including Bitcoin.

Senator Antani’s bill is not just about Bitcoin but includes other cryptocurrencies as well.

Senator Antani’s new bill seeks to revive this idea with a more robust framework that addresses previous concerns, aiming to ensure regulatory compliance while promoting innovation in digital finance.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Ohio Senator Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 14:59:28 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 880 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22795819

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #121

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