Treasurer in the U.S. state of Ohio Robert Sprague has revealed that at least two companies have paid their taxes using bitcoin since the state launched its cryptocurrency payment platform in December. Sprague did not disclose details pertaining to the amount or companies involved, citing confidentiality.

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State to Review BTC Tax Payments

Speaking at a forum organised by the Ohio State Associated Press on Feb. 19, Republican politician Robert Sprague said: “We’re reviewing how [the program] might be either curtailed or might be expanded, and what our counter-party risk is with that vendor.”

Ohio became the first U.S. state to accept cryptocurrency as a means of payment for taxes late last year. Sprague told…

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Source: https://news.bitcoin.com/state-treasurer-ohio-companies-now-paying-tax-in-btc/