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US lawmakers debate Bitcoin tax payments acceptance

Wednesday 25 February 2015 10:53 CET | News

The New Hampshire state legislature has held a pair of hearings earlier focused on how the state could create a means for residents to pay taxes and fees using Bitcoin.

Up for debate is a bill recently filed by state representative Eric Schleien that would open the door for the state to accept Bitcoin. The bill is currently being weighed by the New Hampshire General Court Ways and Means Committee.

If passed, the bill would allow New Hampshire to partner with a Bitcoin company to accept Bitcoin payments and receive USD. Similar efforts are underway in states like Utah to explore or take the first steps toward some kind of digital currency acceptance.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, US, tax payments
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3