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Florida Announces Plan to Accept Bitcoin Payments for State Taxes -Breaking

by Mike Robinson

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Florida announces plan to accept Bitcoin payments for state taxes

Ron DeSantis is the governor of Florida and wants to allow the usage of the in the U.S. Last Monday, he announced that the “Sunshine State” is examining the potential of accepting Bitcoin as payment for state taxes. DeSantis instructed state agencies to look into ways that Bitcoin can be used to pay taxes for businesses who wish.

“I’ve told the state agencies to figure out ways, where if a business wants to pay tax in cryptocurrency to Florida, we should be willing to accept that.

We will accept Bitcoin, we’re working on doing that, for payments in the state of Florida,”
The politician stated.

The state legislature approved a bill deregulating crypto at the start of March.

Miami, the state’s largest city, launched ‘MiamiCoin’ last year, and the city’s mayor, Francis Suarez, currently receives part of his salary in bitcoin. Also, state officials are investigating Bitcoin salaries to state employees.

Flipside

  • DeSantis has begun preparations to run for the U.S. presidency in 2024.

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