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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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