Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Ohio approves cryptocurrency payments for state government fees
2025-09-25 06:49

The Ohio State Board of Depository and Clearing has unanimously approved a vendor plan to support cryptocurrencies, including Bitcoin, for payment of state government fees and services. Secretary of State Frank LaRose stated that the department processes hundreds of thousands of transactions annually and has received increasing demand for cryptocurrency payment options. This move is part of Ohio's push for digital asset legislation, including the Blockchain Protection Act and the Bitcoin Reserve proposal. (Decrypt)