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Ohio to consider accepting crypto for tax payments and fees

They tried once in 2018, but the State Board of Deposits "failed" to show any enthusiasm.

An Ohio state senator has introduced a bill to require the state to accept cryptocurrency for payment of state taxes and fees. The legislation would also allow state institutions of higher education and the state pension fund to invest in cryptocurrency if they choose to.

Niraj Antani introduced the bill on Sept. 30, according to a press release.

Under the bill, the state tax commissioner would decide which cryptocurrencies would be accepted in any year by June 30:

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Coinbase CEO Brian Armstrong Says Crypto Payments Will Go the Way of Instant Messaging As Friction Vanishes

Coinbase CEO Brian Armstrong Says Crypto Payments Will Go the Way of Instant Messaging As Friction Vanishes

Coinbase chief executive Brian Armstrong thinks crypto is the best payment rail option in the world. While speaking at a Goldman Sachs conference this week, Armstrong notes that Base, Coinbase’s layer-2 Ethereum (ETH) scaling solution, has reduced global transaction confirmation times to under one second and transaction fees to less than $0.01. The Coinbase CEO […]

The post Coinbase CEO Brian Armstrong Says Crypto Payments Will Go the Way of Instant Messaging As Friction Vanishes appeared first on The Daily Hodl.

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Metamask Partners With Mastercard to Launch Crypto-Backed Debit Card in Europe

Metamask Partners With Mastercard to Launch Crypto-Backed Debit Card in EuropeMetamask has teamed up with Mastercard and Baanx to launch a debit card that lets users spend their crypto assets directly from their self-custody wallets. Consensys, the firm behind the project, views this new card as a pivotal step in weaving digital currencies into everyday life. Mastercard and Metamask Team Up to Launch Crypto Debit […]

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AI Agents Will Use Crypto To Transact With Each Other, Says Former Goldman Sachs Executive – Here’s His Outlook

AI Agents Will Use Crypto To Transact With Each Other, Says Former Goldman Sachs Executive – Here’s His Outlook

Ex-Goldman Sachs executive Raoul Pal is predicting that artificial intelligence (AI) agents will one day use crypto assets to transact with each other. In a new video update, the Real Vision CEO says that in the not-so-distant future, AI agents are probably going to use digital assets to pay for things like electricity, with the […]

The post AI Agents Will Use Crypto To Transact With Each Other, Says Former Goldman Sachs Executive – Here’s His Outlook appeared first on The Daily Hodl.

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Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa

Tether Partners With Crypto Firm to Boost Blockchain Education in South AfricaStablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain education in South Africa. The collaboration aims to both demonstrate the benefits of stablecoin payments and build trust in digital financial solutions. Building Trust in Digital Financial Solutions Stablecoin issuer Tether Holdings Ltd. partnered with Xion Global to […]

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Coinbase and Payments Giant Stripe Collaborate on New Initiative To Expand Global Crypto Adoption

Coinbase and Payments Giant Stripe Collaborate on New Initiative To Expand Global Crypto Adoption

Leading US-based crypto exchange Coinbase is teaming up with a top crypto payments provider to increase crypto functionality. In a new announcement, Coinbase says it is partnering with Stripe to increase the adoption of crypto by consumers around the world. “Stripe and Coinbase have announced a partnership to increase on-chain adoption and provide faster, cheaper […]

The post Coinbase and Payments Giant Stripe Collaborate on New Initiative To Expand Global Crypto Adoption appeared first on The Daily Hodl.

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South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions

South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto TransactionsThe South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South Africa account for the lion’s share of Pick n Pay’s crypto transactions. Retailer Sees More Crypto Transactions in […]

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Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines

Reports: Crypto Is at the Forefront of the Side Job Economy for ArgentinesArgentines are increasingly turning to online side jobs to have an additional crypto-based income. According to the local press, students who have lower incomes and are affected by the adverse conditions of the national economy, are the ones who are commonly getting into these jobs with foreign companies or platforms that pay in crypto. Argentines […]

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Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments

Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent PaymentsSome of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The acceptance of payment in cryptocurrency demonstrates the real estate agency’s openness and its eagerness to become “a leader within […]

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