Florida Tax Collector To Accept Bitcoin, Bitcoin Cash Payments

May 14, 2018 6:06 pm Published by

Residents of Florida’s Seminole County, located northeast of Orlando, will now be permitted to pay for a variety of services with bitcoin after the county tax collector partnered with Bitpay to accept cryptocurrency, CoinDesk reported Monday.

The office will accept bitcoin and bitcoin cash for payments associated with driver’s licenses and ID cards, auto tags and titles and property taxes, county Tax Collector Joel Greenberg said in a statement.

The office credits cryptocurrencies as key to streamlining fee collection, reducing the potential for fraud and identity thed and an increase in the transparency and accuracy of payments, CoinDesk reported.

Greenberg’s office said it sees no issue with “price volatility or risk to the County” in accepting the cryptocurrencies,” the report said.

“The aim of my tenure in office,” Greenberg said, “is to make our customer experience faster, smarter and more efficient, and to bring government services from the 18th century into the 21st century and one way is the addition of cryptocurrency to our payment options.”

The partnership with the Seminole County Tax Collector marks BitPay’s first government partnership, the report said. Jeremie Beaudry, head of compliance, said the company was launched because “we recognized the potential for blockchain to revolutionize the financial industry, making payments faster, more secure and less expensive on a global scale,” CoinDesk reported.

“With the Seminole County Tax Collector’s office, we have engaged our first government agency to accept bitcoin and bitcoin cash by making it easy and seamless for them,” he added.

WN.com, Jack Durschlag



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