The Presidential Daily Brief

intriguing

  1. Colorful straws coming out of device

    Ohio Now Takes Tax Payments in Bitcoin

    Starting today, the Buckeye State will become the country’s first to accept the cryptocurrency from businesses filing their returns. State Treasurer Josh Mandel hatched the idea as part of a bid to push the state’s tech-friendly image: Columbus already boasts a budding tech hub, while Cleveland is attempting to integrate blockchain into its economy. With bitcoin still lacking broad acceptance, Ohio’s move could provide the cryptocurrency an important boost — though given its volatility, it’s unclear whether businesses will be rushing to embrace it.

This story is part of The Presidential Daily Brief

view full edition