Colorado Governor Says They Won’t Abandon Crypto Plans Despite Markets Drop

Colorado Governor Jared Polis said that despite the decline in the crypto market, there is no obstacle to his plans to accept taxes with Bitcoin and other crypto assets.
 Colorado Governor Says They Won’t Abandon Crypto Plans Despite Markets Drop
READING NOW Colorado Governor Says They Won’t Abandon Crypto Plans Despite Markets Drop

Colorado Governor Jared Polis said that despite the decline in the crypto market, there is no obstacle to his plans to accept taxes with Bitcoin and other crypto assets.

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Police, who took the floor at the National Governors Association meeting today, stated that according to the plan they have made, they will immediately convert the payments made in crypto into dollars and that the crypto money will not be kept on hold for any period of time.

“The state will not hold any assets in crypto, the transaction will be instantly converted into dollars when it is executed.

The government is not interested in speculative aspects, either positively or negatively. We only use it as a means of payment for payment purposes”

The Governor Police stated that there was fluctuation in the value of the dollar, and compared the payments received in crypto to the policy of international companies that accept payments in foreign currency.

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