More Cities and Regions Accepting Coins for Taxes, Services

Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and the lives of ordinary people much easier. More of them are introducing cryptocurrency as a payment option for the taxes they collect and the services they provide.

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Two Canadian Municipalities Take Bitcoin From Taxpayers

Crypto adoption doesn’t have to be problematic. Recently, the City of Richmond Hill, Ontario started talks with a fintech company to arrange a new service for its residents. Individual taxpayers and businesses will be offered the option to pay property tax with bitcoin. Coinberry, which will provide the payment solution, is a Toronto-based startup registered with the Financial…