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The Guardian - US
The Guardian - US
World
Samira Sadeque

Colorado to become first US state to accept cryptocurrency tax payments

A representation of bitcoin as actual coins.
Polis said the payments will be processed by an intermediary and that program is expected to start by the summer. Photograph: Edgar Su/Reuters

Colorado is slated to become the first US state to accept tax payments in cryptocurrency, a move the governor’s office has described as the “next logical step on the path to digital statehood”.

Colorado’s governor, Jared Polis, who announced the effort last week, explained in a tweet that the state would accept crypto payments converted into a dollar value, which would then be deposited in the state’s treasury.

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