Is Colorado the first state to accept bitcoin?

In a new first for bitcoin adoption by governments, Colorado has officially become the first U.S. state to allow citizens to pay taxes in bitcoin. Colorado Becomes First State to Accept Bitcoin for Tax Payments | Nasdaq Skip to main content Market Activity Market Activity-> Stocks Options Funds + ETFs Indexes Commodities Cryptocurrency Currencies

How much does bitcoin cost in Colorado?

In other words, if a Colorado resident has all their bitcoin in some sort of private custody, they will need to transfer these assets to a PayPal wallet, where they will then pay the state, plus a fee of 1.83% and $1.

Can Colorado residents pay state taxes using Bitcoin and Ethereum?

Colorado Governor Jared Polis says his state will soon allow its residents to pay state taxes using Bitcoin and Ethereum.

When will Colorado be able to pay taxes in cryptocurrency?

People in Colorado will be able to pay their state taxes in cryptocurrency by the middle of this year, the US state's governor has revealed. Gov. Jared Polis laid out the timing of the move, a longtime ambition of the state, in an interview with CNBC Tuesday.