Story perspectives
Ohio Moves to Allow Cryptocurrency for State Taxes
10/17/2025
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Story summary
- Ohio Republicans are advancing legislation to have residents pay state taxes with cryptocurrency, supported by Ohio Treasurer Robert Sprague.
- Senate Bill 57 would establish a Bitcoin reserve fund.
- House Bill 116 would authorize cryptocurrency payments.
- Some lawmakers warn about volatility and fraud and question prioritizing cryptocurrency over other issues.
- Sprague, a candidate for secretary of state, plans to accept cryptocurrency for campaign contributions with reporting requirements.
