According to Foresight News and The Block, a representative from North Carolina has submitted Bill H.B. 920, which aims to allow tax payments using cryptocurrency. The crypto assets must meet standards including a market capitalization of at least $750 billion and a daily trading volume of at least $10 billion. Additionally, qualifying crypto assets should have at least 10 years of operating history in the open market, and their security and ability to resist censorship should be proven.
North Carolina House of Representatives Introduces Bill to Allow Cryptocurrency Payments for Taxes
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