Bitcoin Accepted As Tax Payment In Seminole County, Florida

Bitcoin Accepted as tax Payment in Florida

The Seminole County, Florida will start accepting crypto payments for taxes and various services. This was announced in a May 14th press release by tax collector Joel M. Greenberg. To improve payment efficiency, the county will now accept Bitcoin (BTC) and Bitcoin Cash (BCH) payments for property taxes, driver license, and ID card fees, as well as tags and titles. The blockchain payments firm, BitPay will be tapped to ensure that the county receives the remittances in U.S. dollars directly to its bank account the following business day.

Greenberg observed:

“We live in a world where technology has made access to services on demand, with same-day delivery and the expectation of highly efficient customer service and we should expect the same from our government. The aim of my tenure in office is to make our customer experience faster, smarter, and more efficient, and to bring government services from the 18th century into the 21st century and one way is the addition of cryptocurrency to our payment options.”

The county’s initiative is intended to avoid fraud and identity which has become a common headache for credit card users. BitPay said the Seminole county was the first government agency to call them for their expertise.

Other American state governments like Arizona and California are also starting to pass bills allowing residents to pay taxes using crypto. Early this month, Vice Mayor Ben Barlett of Berkeley, California proceeded with an initiative to employ blockchain technology to public financing when raising funds for community projects.

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