HCDI - Colorado to accept a 'wide variety' of cryptos for tax payment - CoinDesk

Colorado will accept a "wide variety" of cryptocurrencies for tax payments by the end of the summer, Governor Jared Polis told CoinDesk TV on Wednesday. “For consumer convenience, we want to accept payment in a wide variety of cryptocurrencies, just as we do in credit cards,” Polis highlighted.  Meanwhile, the state is on the hunt for companies to handle digital asset transactions. “We don’t want to take the speculative risk of holding crypto, so we will be having a transactional layer there,” Polis added. Remember last year Polis hinted the idea of Colorado accepting cryptos for tax and other payments to the state. Looking at intra-day price action, bitcoin (BTC-USD -1.1%) edges lower to $43.6K per token and ethereum (ETH-USD -1.1%) slides to $3K. In December, Harbor Custom Development (NASDAQ:HCDI) planned to accept cryptos as payment for its real estate.

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Colorado to accept a 'wide variety' of cryptos for tax payment - CoinDesk