Colorado To Accept Bitcoin For State Taxes

Colorado To Accept Bitcoin For State Taxes



Colorado will quickly begin accepting bitcoin as fee for taxes, Governor Jared Polis mentioned in a Tuesday interview with CNBC.

“We anticipate to simply accept crypto by this summer time” for all the state’s tax-related functions, Polis mentioned.

Polis added that Colorado plans on enabling bitcoin and cryptocurrency funds for different state-related charges within the months following the taxes roll out. Quickly sufficient, a Colorado resident would possibly be capable of pay for his or her driver’s license with bitcoin.

“We’re a really forward-looking, progressive state,” he mentioned.

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