Ohio Approves Cryptocurrency Payments for State Services

According to PANews, the Ohio State Depository Board has unanimously approved a vendor proposal to support cryptocurrency payments, including Bitcoin, for state government fees and services. Ohio Secretary of State Frank LaRose noted that the relevant departments handle hundreds of thousands of transactions annually and have seen a growing demand for cryptocurrency payment options. This initiative is part of Ohio's broader efforts to advance digital asset legislation, which includes a blockchain protection bill and a Bitcoin reserve proposal.