Ohio Launches Buckeye Billfold State Digital Wallet for Crypto Payments
- —Wallet accepts crypto, credit cards and ACH transfers for state payments
- —Crypto is converted to USD at transaction time, state receives fiat
- —A 2019 attempt via OhioCrypto.com was ruled unauthorized by the AG
- —In September the State Board of Deposit approved Grant Street Group as vendor
Why it matters: A US state legally accepting crypto for government payments for the first time could accelerate adoption by other states.
Source: BlockchainReporter