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Crypto Fails To Impress For Corporate Tax Payments

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to allow businesses to pay their corporate taxes in bitcoin. In an interview with CNBC at the time, Ohio’s then-State Treasurer Josh Mandel said the initiative would increase “options and ease” for businesses, and support the local tech startup community. However, the adoption curve is undoubtedly driven by consumers.

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Ohio Treasurer Suspends Bitcoin Business Tax Payment Program

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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. “It

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EY Secures Biz Transactions On Public Blockchains

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A new technology protocol announced by corporate accounting and auditing firm Ernst & Young (EY) aims to secure transactions made over public Ethereum blockchain. The solution aims to help enterprises and investors to conduct private, secure transactions on a public blockchain.

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Blockchain Firms Flock To Switzerland’s ‘Crypto Valley’

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He cited “Zug’s high quality of life, openness, pro-business mindset and favorable tax structure” as factors that make the city attractive to people from around the world. Organizations such as CVA endeavor to welcome crypto firms by “creating a soft landing ground for blockchain companies in Zug,” Bussmann said.

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Using The Blockchain To Bring Banking To Everyone

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It was still three months before I could get a proper Norwegian bank account because I was temporary tax member. The Power of the Blockchain. Given its colorful history and connection with bitcoin, blockchain may seem like an out-of-the-box choice on which for Taqanu to build its service.

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Building A More Compliant Cannabis Industry With The Blockchain

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Payments for goods between suppliers, wholesalers and retail distributors are in cash; payments to employees are in cash; tax payments are in cash; even paying the power company and water bill are contingent on cash. Ralston argued it’s a situation blockchain technology is uniquely well-suited to solve.

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Taking Your Coffee With Sugar, Milk And Blockchain?

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The company operates on a “one-for-one” business model, which means that it donates one pair of shoes or glasses to communities in third-world countries for every pair sold to a first-world consumer. Blockchain just makes it simple,” Jones explained. “If Take the clothing and accessories brand TOMS , for instance. And where it goes.