Ohio Secretary of State's Office Now Accepts Cryptocurrency for Business Filings and Fees
The Ohio Secretary of State's office has begun accepting cryptocurrency for various business filings and fees. This initiative, spearheaded by Secretary of State Frank LaRose, allows Ohioans to use digital currencies for transactions such as filing for a new business, obtaining a trademark, or applying for a minister's license. The office also continues to accept traditional payment methods like credit cards and checks. Secretary LaRose stated that this move is to align government services with the technology used by citizens daily, emphasizing that Ohioans have embraced cryptocurrency as a legitimate form of exchange. While LaRose's office is currently the only state entity actively accepting crypto, there is a possibility that the Ohio Department of Natural Resources may follow suit. Ohio Treasurer Robert Sprague, who collaborated with LaRose on this implementation, highlighted the importance of being an advanced state, especially in the event of a recession. However, the initiative has faced criticism r...
