July 27, 2025

Bitcoin As Federal Tax Payment Method? Congressman Presents New Legislation

1 min read

In a significant development for the crypto industry, Republican Congressman Matt Gaetz is set to introduce a new bill allowing federal income tax payments to be made using Bitcoin (BTC). Gaetz believes that by allowing taxpayers to utilize Bitcoin for their federal tax obligations, the country can foster innovation, enhance efficiency, and provide greater flexibility

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Source: Bitcoinist

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