US: U.S. Taxpayers Can Receive Federal or State Tax Refunds in Bitcoin


U.S. taxpayers can receive all or part of their federal and state tax refunds in bitcoin. This is being made possible through a collaboration between blockchain payments processor BitPay and Refundo, a provider of tax-related financial products. In a statement, Refundo says its CoinRT product is especially useful for low-income communities that don’t have checking accounts and often resort to paying high check-cashing fees.

image via Shutterstock

Read More

Follow us on: