Ohio businesses can no longer pay taxes in bitcoin as the method gets suspended

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Ohio, which became the first U.S. state to allow taxes to be paid in bitcoin last November, is no longer accepting cryptocurrency tax payments.

Ohio Treasurer Robert Sprague announced Wednesday the immediate suspension of the OhioCrypto.com website, which allowed businesses in the state to pay taxes in bitcoin, which was later converted into U.S. dollars, by blockchain payments provider BitPay.

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