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Fulton Schools: In the News

Is Bitcoin the Future of State Income Tax Payments?

Is Bitcoin the Future of State Income Tax Payments?

Some states are considering allowing use of digital currency for payment of income taxes. Some critics contend it would bring risks and burdens to states’ tax-collection operations. But Fulton Schools Research Professor Dragan Boscovic, director of ASU’s Blockchain Research Lab, which focuses on the digital ledger system behind bitcoin, says the move could put states at the forefront of financial technology.

 

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