11/28/18 – 5:26 A.M.
Current Ohio Treasurer Josh Mandel announced this week that the state is now accepting Bitcoin for business tax payments. Treasurer-elect Robert Sprague of Findlay says he’s cautiously optimistic about the move. Sprague says he’ll check the risk to tax payers when he takes office in mid-January. He adds that it’s good that Mandel, “is continuing to bring new ideas to the table.”
Sprague says once concern he has is how things would work if the third-party vendor that converts the electronic money to dollars goes out of business.