CONCORD, N.H.—New Hampshire is the latest among a growing number of states moving to allow Bitcoin to be used to pay taxes.
According to the state’s House Subcommittee, there has been a unanimous approval of the Bill 470-FN, which was filed Jan. 5, Cryptoline News reported.
The bill still needs to be approved by the state’s Senate and House and signed by Gov. Christopher T. Sununu.
“The state treasurer of New Hampshire will have to develop a plan for the state to start accepting cryptocurrencies as a means of payment for fees and taxes by the July 1, 2020,” Cryptoline News noted.