As Colorado plans to allow residents to pay taxes in crypto as early as the summer of 2022, is nationwide adoption inevitable?
One way demand for fiat currencies is maintained is through their use in tax payments: People need to hold fiat so they can meet their tax obligations at the end of the month or year.
If cryptocurrencies are to be used to pay for taxes, the need to hold fiat currencies is greatly affected, even more so because paying for goods and services with crypto is becoming increasingly easier with the use of
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Florida governor says the state will accept bitcoin for tax paymentsDuring a press conference, DeSantis said he had directed state agencies to ready themselves to accept taxes in crypto.
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Thailand Bans Crypto as Means of PaymentThailand’s Security and Exchange Commission said that it will ban the use of crypto as a means of payment from April 1, citing money laundering concerns and lack of central bank intervention. By thesamreynolds
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Businesses in Florida to Be Able to Pay Taxes in CryptoCrypto can be used for paying taxes in Florida, according to pro-crypto GovRonDeSantis
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BitYard Officially Partners With Mercuryo to Enhance Crypto Payment Solutions – Press release Bitcoin NewsPRESS RELEASE. Mercuryo is an international fintech company based in London founded in 2018, focused on providing cryptocurrency payment solutions. The
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Thailand bans use of crypto for paymentsThailand's Securities and Exchange Commission announced Wednesday that it is banning the use of crypto as a means of payment from April 1.
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