Colorado Governor Jared Polis hopes to one day allow Colorado residents to pay their state taxes using cryptocurrency. Speaking at Coindesk’s Consensus 2021 virtual conference, he said, “I’d be thrilled to be the first state to let you pay your taxes in a variety of cryptos.”
Polis, a longtime supporter of digital currencies, was the first political candidate to accept Bitcoin campaign donations in 2014. He spoke about his state’s involvement in technology, noting, “Colorado is and will be the center for blockchain innovation in the United States, attracting investments and good jobs and innovators in infrastructure, digital identity, [and] individual data security in the private and public sector.”
Polis didn’t explain in detail how he hoped to make this a reality. For now, he mentioned that he would need to speak with the Director of Revenue, Mark Ferrandino, to learn more about the possibility.Ohio first allowed Bitcoin to be used to pay tax bills in 2018. This was made possible by using BitPay, a third-party payment service provider.
