DeSantis Mulls Crypto Tax Payments for Florida

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12/10/2021- 9:18 p.m.

DeSantis Mulls Crypto Tax Payments for Florida

Florida Governor Ron DeSantis is considering allowing businesses in the state to pay taxes in cryptocurrency, and has already allocated $200k in the state budget to facilitate the system.

DeSantis also has plans to use blockchain technology for Medicaid payments and vehicle registration.

Earlier this year Miami hosted a major bitcoin convention as well as hosting the new HQ of trading platform blockchain.com.

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