Colorado to Accept Crypto for Tax Payments by End of Summer

2 years ago

Colorado volition commencement accepting cryptocurrencies for taxation and different payments to the authorities by the extremity of the summer, Gov. Jared Polis said during a CoinDesk TV quality connected Wednesday. The authorities is presently hosting the 2022 ETHDenver conference.

  • “For user convenience, we privation to judge outgo successful a wide assortment of cryptocurrencies, conscionable arsenic we bash successful recognition cards,” said Polis.

  • The politician said Colorado is presently looking for companies to grip the existent crypto transactions.

  • “We don’t privation to instrumentality the speculative hazard of holding crypto, truthful we volition beryllium having a transactional furniture there,” said Polis.

  • Colorado wouldn’t beryllium the archetypal authorities to judge taxes via integer assets, but aviator programs successful Ohio and Seminole County, Florida, were yet unsuccessful and scrapped.

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Brandy covers crypto-related task superior deals for CoinDesk.


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