British MP wants to allow paying taxes in cryptocurrency

• UK polititians getting lowyal to digital assets.
• Bitcoin may be used to pay taxes.

The United Kindom joined the group of countries that might allow paying taxes and utilities with virtual money. Eddie Hughes, a member of Parliament from a Conservative party, believes that one-day crypto payments to local authorities and utility providers should be a possibility. 

“It just feels like it gets talked about a lot, wherever you go in the UK, and as MPs, we have a duty to understand it,” he said.

Eddie Hughes says that he is a “crypto enthusiast with amateur knowledge,” and urges his fellow Parliament members to get a better understanding of what is blockchain and cryptocurrencies. 

“Only recently I met with the RNLI which is now accepting charitable donations through cryptocurrency – if we can do that, what’s to stop us being able to pay council tax and other bills with bitcoin?”

Meanwhile, earlier this month, the authorities of the US state of Ohio allowed corporates…