|Key People||Josh Mandel, Treasurer of Ohio|
|Products||Payment portal for tax collection|
Please note, OhioCrypto was shuttered in October 2019 at the direction of the Ohio State Attorney General, Dave Yost, due to several legal failings with the program.
Businesses with tax obligations to Ohio can register with OhioCrypto.com. Registered businesses send their tax payments in bitcoin to BitPay, an Atlanta, Georgia-based bitcoin payments processor that passes on equivalent U.S. dollars to the Ohio Treasury on behalf of the bitcoin payor.
Ohio Treasurer Robert Sprague announced in October 2019 that the website would be suspended immediately. He said that the website falls under the definition of a “financial transaction device” and that BitPay should have been authorized by the Board of Deposit, which consists of the Attorney General, Auditor of State, and Treasurer of State.
- Citing Legal Issues, Ohio Suspends Crypto Tax Payment Program. Forbes.
- Ohio Becomes The First State To Allow Taxpayers To Pay Tax Bills Using Cryptocurrency. Forbes.
- Pay Taxes With Bitcoin? Ohio Says Sure. Wall Street Journal.
- Ohio businesses can no longer pay taxes in bitcoin as the method gets suspended. The Block Crypto.