US: Pro-Blockchain Overstock Pays Taxes In Bitcoin

Ethereum World News

According to a press release from Overstock.com’s Investor portal, the Salt Lake City-headquartered online retailer and blockchain technology startup will begin to pay its business taxes with Bitcoin. You might be thinking — the U.S. seems to avoid crypto like its the plague, so how is this possible? Well, as reported by Ethereum World News previously, per a piece from the Wall Street Journal, an Ohio politician, Treasurer Josh Mandel, pushed his state to accept BTC for 28 types of business taxes, which range from taxes on cigarette sales to employment taxes.

image via Shutterstock

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