Bitcoin

Ohio 'rolls out the red carpet' for blockchain businesses by accepting bitcoin this tax season 

• State treasurer Josh Mandel tells CNBC that Ohio is looking to attract blockchain start-ups with its new acceptance of bitcoin for taxes.
• This week, Ohio partnered with BitPay to became the first state to accept cryptocurrency for business taxes, a process that Mandel says adds "options and ease" for taxpayers and is cheaper in some cases.
• “We're doing this to plant the flag in Ohio as a national and international leader in blockchain technology,” Mandel tells CNBC.

Kate Rooney | @Kr00ney

Published 3 Hours Ago CNBC.com