Ohio’s State Depository Board’s approval of a new vendor contract allows the state to accept cryptocurrencies, positioning Ohio as a leader in embracing digital assets for governmental services.
The Ohio State Depository Board approved a vendor contract enabling the state to accept cryptocurrencies like Bitcoin for state fees and services. This development follows an April request from Secretary of State Frank LaRose and State Auditor Robert Sprague. LaRose lauded the approval as a bold step placing Ohio at the forefront of the digital economy.