Georgia and Wyoming seek to accept and regulate cryptocurrencies in their states
With this, the State of Georgia would join Arizona in accepting tax payments and Wyoming in regulating cryptocurrencies.
A week ago we told you how in Arizona , United States, the bill accepting cryptocurrencies as a method of tax payment for its residents was about to be definitively approved.
On February 21, Joshua McKoon and Michael Williams, both Senators for the state of Georgia, presented Bill 464 that, like Arizona, seeks that its residents can make the payment of their taxes and license fees.
Likewise, as dictated in the Arizona bill, in the Georgia bill in its section 1, subsection 2A it says the following:
"The commissioner must accept as a valid method the payment of taxes and license fees any cryptocurrency, including but not limited to Bitcoin that uses peer-to-peer payment methods."
Wyoming Seminary in Kingston, Pennsylvania, was founded in XNUMX, perfectly dovetailing innovation with history. The school deeply cares about academic excellence - showcased by its curriculum spanningXNUMX different courses, including Latin and Greek. Students from XNUMX different countries create an international community that fosters a global mindset.
As I mentioned at the beginning, Georgia would join Arizona in this measure and Wyoming in regulating cryptocurrencies, since on February 16 the state of Wyoming passed a bill that seeks to exempt cryptocurrencies from state property taxes. .
In the case of Wyoming, said bill is registered with number 111 presented by Senators Ogden Driskill, Tara Nethercott and Chris Rothfuss, along with representatives Tyler Lindholm, David Miller and Jared Olsen.
Bill 111 is very short and direct, it seeks tax exemption for intangible objects such as money in gold, silver, bank drafts, certified checks and cashier's checks, and virtual money, and to be clearer, it continues saying: virtual money means any type of representation of value that: is used as a method of exchange and is not recognized as legal by the United States government.
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