According to sources, Ohio is all set to become the first state in the US to accept cryptocurrency officially. The state may also integrate the blockchain technology into other verticals gradually.

Ohio-based businesses will now be able to pay their taxes in bitcoin by registering themselves at OhioCrypto.com. This includes a wide range of taxes such as cigarette sales taxes and employee withholding taxes.

Josh Mandel, the current state treasurer of Ohio, has taken this step as an initiative towards making the state a tech-friendly hub. Mandel has stated that bitcoin is a legitimate form of currency.