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Governor Ron DeSantis of Florida says he's taking efforts to allow businesses to pay taxes in cryptocurrency.
DeSantis made the remarks today as he signed a measure requiring financial literacy education. During the press conference, DeSantis stated that he had asked state agencies to prepare to accept cryptocurrency taxes.
"We are working – and I've told state agencies – figure out ways where if a business wants to pay tax in cryptocurrency to Florida, we should be willing to accept that," he said.
Florida is working on allowing bitcoin as a form of tax payment, according to DeSantis.
“We will accept bitcoin, we’re working on doing that, for payments in the state of Florida,” he said.
He additionally pointed to a provision he pushed for in his most recent budget proposal that would have allocated funds to experiment with the use of blockchain to optimize state functions. However, that did not pass the legislature.
DeSantis was clear to contrast his pro-crypto stance with state-controlled digital money proposals floating around Congress. DeSantis said he believes there are a lot of “hazards” related to a federally controlled digital dollar.
“I worry about the amount of power that would give someone in a central authority to basically be able to shut off access to purchasing certain goods,” he said. “We’d be in uncharted territory.”
DeSantis said he’s “very concerned” about the Biden Administration’s executive order on crypto. The order urges the exploration of a central bank digital currency in addition to directing financial agencies to develop policy recommendations related to digital assets.