Colorado Residents Can Now Use Crypto to Pay Taxes

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Colorado Residents Can Now Use Crypto to Pay Taxes
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Residents of Colorado can now pay state taxes using cryptocurrencies using a PayPal integration. Reporting by oknightcrypto.

The plan to accept crypto for taxes was announced in February, with Gov.

Jared Polis outlining plans to accept crypto by the end of summer during anThe option allows residents to use crypto to pay for personal income tax, business income tax, severance tax and withholding tax, according to anWhilst PayPal lets users deposit, withdraw and hold a variety of cryptocurrencies, theSeveral other U.S. states, including

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