Published on May 15th, 2018 | by bitcoin0
Bitcoin Cash and Bitcoin Core now allowed for tax payments with Bitpay
Popular crypto payment processor, Bitpay, announced formal agreement with Florida’s Seminole County Tax Collector, Joel M. Greenberg.
Bitcoin core (BTC) and bitcoin cash (BCH) can now both be used for tax payments, beginning this summer.
Bitpay and Seminole County teamed to allow bitcoin cash and bitcoin core for pretty much everything: car tags and titles, licenses, even property tax.
The county tax collector gets their money settled by the following business day, paid directly to the account in fiat.
As Bitpay’s press release insists, through a “push transaction, the user sends the exact amount of bitcoin or bitcoin cash needed to pay the bill.