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Utah Bill would allow taxes to be paid with Litecoin

Jordan D. Teusher, a Republican from District 42 introduced a Bill in Utah that would make litecoin and other virtual currencies an accepted payment for taxes.

The bill also defines a virtual currency that is used as a medium of exchange; a unit of account; or a store of value.

The term "virtual currency" does not include: currency the United States government recognizes as legal tender.

Jordan was elected office in January 1st, 2021. You can learn more about him and his policies here.

He also has experience in eastern Europe, particularly in Ukraine.


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