Overstock is Paying Ohio Taxes in Bitcoin

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Major U.S. furniture retailer Overstock announced that it will pay taxes in bitcoin for the Ohio-based portion of its business under the state’s novel taxpayer platform, Ohiocrypto.com. Leading Crypto Adoption The 34th largest U.S. state by area, Ohio, became the first state to introduce tax payments via bitcoin in November 2018. The law extends to workers…