Skip to content Skip to sidebar Skip to footer

Paying Taxes in Florida Can Use Bitcoin, This Is What The Governor Says!

Florida Governor Ron DeSantis has an innovation where Bitcoin can be used to pay taxes to his city. He has also discussed his latest idea with related parties.

As we both know, the United States has indeed allowed its citizens to make transactions using cryptocurrencies, including Bitcoin, which is arguably the king. cryptocurrency.

Seeing this fact, Ron DeSantis was also interested in adapting this electronic currency to be used as a legal tax payment method, especially in the city of Florida.

Florida Governor Plans to Pay Taxes Using Bitcoin

According to reports from The Block CryptoRon DeSantis revealed this plan when he was present at the signing of the Financial Literacy Curriculum Bill (23/3).

In his statement, he said he had notified state agencies about his innovation in which cryptocurrencies could later be used to pay taxes in Florida.

Also Read: The Malaysian Government Wants Its Country To Legalize Crypto

“We’re at work and I’ve told state agencies looking for a way in which if a business wants to pay taxes in cryptocurrency to Florida, we have to be willing to accept it,” said DeSantis.

More specifically, the cryptocurrency DeSantis is referring to is Bitcoin, an electronic currency created in 2009 by Satoshi Nakamoto.

Bitcoin Paying Florida Tax
Photo: The Daily Hodl

“We will accept bitcoin, we are working on it, for payments in the state of Florida,” he continued.

The main reason why DeSantis only allows the cryptocurrency Bitcoin as legal tender is that Americans own more of the currency than Shiba Inu, Dogecoin and so on.

He hopes that with this latest innovation, all Bitcoin users will be increasingly aware of the importance of paying taxes. As a result, crypto activists will be increasingly pampered with this DeSantis breakthrough.

Also Read: FIFA Confirms Will Sponsor the 2022 World Cup

However, the legalization of Bitcoin as a means of paying taxes in Florida will take a long time, guys. The reason is, there will be several points that must be investigated more deeply by the local government before ratifying this breakthrough from DeSantis.