Ohio approves cryptocurrency payments for state government fees

ChainCatcher news, according to Decrypt, the Ohio State Depository Board has unanimously approved a vendor plan that will allow cryptocurrencies, including Bitcoin, to be used for state government fees and service payments.

Secretary of State Frank LaRose stated that relevant departments handle hundreds of thousands of transactions each year and have received increasing demand for cryptocurrency payment options. This initiative is part of Ohio's push for digital asset legislation, including blockchain protection bills and Bitcoin reserve proposals.