Ohio Bill Proposes Paying Taxes with Bitcoin
In a groundbreaking move, Ohio Senator Niraj Antani has proposed a bill that would allow residents to settle their state and local taxes using cryptocurrencies, specifically Bitcoin. Announced at the end of September, this proposal aims to modernize Ohio’s tax…
Russia's New Taxation Plan for Crypto Miners: Assessing Power Consumption for Revenue
As Russia navigates the complex landscape of cryptocurrency regulation, recent announcements indicate a significant shift in its approach to taxing digital asset miners. The government is poised to implement a new taxation framework based not on the value of mined…