Despite the unsuccessful attempts from both Arizona
to allow for taxing and licensing fees to be paid in cryptocurrency (namely, Bitcoin), a Florida county office is moving forward with the notion. Announced yesterday, Seminole county Florida Tax Collector, Joel Greenberg, states that residents will now have the option to use Bitcoin (BTC) and Bitcoin Cash (BCH) to pay: property tax, driver's license and ID card fees, titles and registration. Greenberg stated that BitPay has been named to process these cryptocurrency payments; which is the fist governmental deal for the cryptocurrency payment processing giant.
With plans to begin accepting both cryptocurrencies scheduled to begin this June, Mr. Greenberg explains
his reasons for implementation:
'We live in a world where technology has made access to services on demand, with same-day delivery and the expectation of highly efficient customer service and we should expect the same from our government(...)The aim of my tenure in office is to make our customer experience faster, smarter, and more efficient, and to bring government services from the 18th century into the 21st century and one way is the addition of cryptocurrency to our payment options.”
BitPay will charge a 1% processing fee for all listed services to allow BTC and BCH payments, then the cryptocurrency payments will be converted to fiat (USD) money, within one business day. Greenberg believes Bitcoin as currency to be transparent, fraud-resistant, accurate, efficient and devoid of unnecessary fees, or the risk of identity theft; a risk posed by the use of credit or debit-cards. Regarding the milestone partnership between BitPay the Seminole County Tax Collector, BitPay's Head of Compliance, Jeremie Beaudry expressed:
“With the Seminole County Tax Collector’s Office, we have engaged our first government agency to accept bitcoin and bitcoin cash by making it easy and seamless for them.”