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Ohio Crypto Bill Introduced to Allow Bitcoin Tax Payments

  • Ohio Senator Niraj Antani has introduced a bill that would allow taxpayers to pay state and local taxes using cryptocurrencies.
  • The bill is a revision of a 2018 proposal that was not pursued by the Ohio State Board of Deposits.
  • Critics have raised concerns about the potential privacy implications of linking wallet addresses to taxpayer identities.
  • The bill is still pending committee assignment and review before it can be voted on and potentially signed into law.

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