Bitcoin

Tim Ryan, U.S. Congressman from Ohio
WOSU

Here are your morning headlines for Wednesday, December 5:

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.