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Ohio Treasurer Suspends Bitcoin Business Tax Payment Program

PYMNTS

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. In a statement published on Sprague’s official website this week, the treasurer said “OhioCrypto.com,” the website that allows businesses to pay their taxes in cryptocurrency, would be suspended immediately.

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Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

When the state of Ohio partnered with cryptocurrency company BitPay last year, it meant the state would become the first in the U.S. to allow businesses to pay their corporate taxes in bitcoin. Ohio’s effort signaled a renewed push for corporate adoption of cryptocurrency.

Taxes 145
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Why eCommerce Loves Ohio

PYMNTS

When you think of the future of online retail, you may get a vision of innovative online retailers at a startup in Silicon Valley or the hip streets of NYC or L.A. But, in actuality, if you want to see what the future of online retail looks like, you might need to look to Ohio. But proximity to consumers is just one key advantage.

Ohio 100
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Why The SAFE Banking Act Won’t Solve All Cannabis’ Payment Problems

PYMNTS

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio — all members of the House Committee on Financial Services. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

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What Do Hillbillies Have To Do With Payments Innovation?

PYMNTS

He’s also started a public policy firm recently in Ohio so that he can be a hands-on part of the solution. WHAT DO HILLBILLIES HAVE TO DO WITH PAYMENTS INNOVATION? In 2015, 50 percent of the tax filers in the U.S. There’s certainly a lot of innovation directed to those individuals and venture money behind it.

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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. First Bank of Ohio. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.

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The ICBA 22/23 executive committee is all in

Independent Banker

Coldwater, Ohio. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. It’s an honor to work with them as we focus on advocacy, education and innovation for the community banking industry. Bank Operations and Payments chair Alice P. Chairman Brad M.