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US Congressman Matt Gaetz Proposes Bill to Accept Bitcoin for Federal Tax Payments

US Congressman Matt Gaetz Proposes Bill to Accept Bitcoin for Federal Tax Payments


coinpedia
2024-06-25 16:29:04

The post US Congressman Matt Gaetz Proposes Bill to Accept Bitcoin for Federal Tax Payments appeared first on Coinpedia Fintech News Congressman Matt Gaetz, a Republican from Florida, has proposed a bill that would enable federal income tax payments in Bitcoin. Initially reported by the Daily Wire, this legislation seeks to modify the Internal Revenue Code of 1986 by directing the Secretary of the Treasury to develop a strategy for adding Bitcoin into tax payment options. …


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