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2019-07-17 06:47:53

Canadian town now allows Tax payments in Bitcoin

Canada’s Coinberry has reportedly collaborated with the Richmond Hill, one of Canada’s most populous municipality to accommodate its citizens with the option of paying property tax in the form of cryptocurrency Bitcoin. As per the report, Richmond Hill’s City Council cited the provisioning of a choice for the citizens and the businesses for payment of the municipal tax in Bitcoin and then they voted in support of the agreement. Hence, making Richmond Hill the second municipality of Canada and Canada’s first-ever city to allow Bitcoin as a municipal tax option. The proposal was initially put forwarded by the city’s Deputy