{"id":1365,"date":"2019-10-03T15:42:14","date_gmt":"2019-10-03T15:42:14","guid":{"rendered":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/?p=1365"},"modified":"2019-10-03T15:42:14","modified_gmt":"2019-10-03T15:42:14","slug":"why-a-state-suspended-its-bitcoin-tax-payment-system","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/why-a-state-suspended-its-bitcoin-tax-payment-system\/","title":{"rendered":"Why a State Suspended its Bitcoin Tax Payment System."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Where:<\/strong> Ohio<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What:<\/strong> Ohio created a system to permit taxes to be paid by cryptocurrency<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>When did they suspend the bitcoin payments? <\/strong>less than a year after it was created<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What entity suspended the system?<\/strong> A vote by a state panel that oversees the state\u2019s banking and financial methods<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What are the next steps?<\/strong> The State Attorney General will investigate if the bitcoin tax payment system was legally created<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Are there non-cryptocurrency reasons behind this?  <\/strong>Yes, a change in State Treasurer, the office that created the bitcoin payment system + a non-competitively bid contract to operate the bitcoin tax payment portal<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.cleveland.com\/open\/2019\/10\/ohio-suspends-bitcoin-tax-payment-program.html\">Cleveland.com | Ohio suspends bitcoin tax-payment program. And it\u2019s not clear if it\u2019s coming back.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Where: Ohio What: Ohio created a system to permit taxes to be paid by cryptocurrency When did they suspend the bitcoin payments? less than a year after it was created What entity suspended the system? A vote by a state panel that oversees the state\u2019s banking and financial methods What are the next steps? The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1365","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/1365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/comments?post=1365"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/1365\/revisions"}],"predecessor-version":[{"id":1366,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/1365\/revisions\/1366"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/media?parent=1365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/categories?post=1365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/tags?post=1365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}