Bitcoin

Professional and collegiate sports teams have begun to experiment with cryptocurrency. Some have tried it and backed away, while others have strict limits. Some even allow ticket purchases with it.

Mike DeWine
ANNIE WU / WCPN

Here are your morning headlines for Wednesday, Feb. 20:

photo of bitcoin symbol
CREATIVE COMMONS

The state has been allowing people to pay 23 kinds of taxes in the digital currency bitcoin for almost three months, in an effort to establish Ohio as a leader in blockchain technology. 

 

Former treasurer Josh Mandel announced in November that taxpayers can pay in bitcoin through a third-party vendor.

At an Ohio Associated Press forum, new treasurer Robert Sprague said the state has accepted two transactions so far.

Tim Ryan, U.S. Congressman from Ohio
WOSU

Here are your morning headlines for Wednesday, December 5:

photo of bitcoin symbol
CREATIVE COMMONS

Ohio is now the first in the country to allow payments in the digital currency bitcoin from businesses paying 23 kinds of taxes – from commercial activity taxes to gas and cigarette taxes to sales taxes to employee withholding taxes. 

An effort is underway in Cleveland to rebrand the city as a national tech hub.

The Blockland initiative hopes to develop a local economy based on blockchain technology — the software behind cryptocurrencies like Bitcoin. But it's a challenge for a city that has more of a manufacturing heritage than a technology one.

Believeland was Cleveland's catch-phrase when, in 2016, LeBron James and the Cavaliers delivered the city's first sports championship in half a century.