One other day, one other faux headline from a crypto influencer. Right this moment, in an alleged first-ever announcement for a state authorities, Louisiana supposedly introduced its acceptance of crypto for the fee of taxes.
There is only one downside with that unbelievable information: It by no means occurred.
In response to a screenshot and submit to X (previously Twitter) by BitcoinNews.com, Louisiana residents “can now use bitcoin and Bitcoin Lightning Community to pay taxes and charges.” Sadly, a truth verify reveals that they can’t.
In response to BitcoinNews.com, Louisiana’s Division of Wildlife and Fisheries accepted bitcoin by way of the Lightning Community. Nevertheless, per the precise announcement from Louisiana’s Division of Wildlife and Fisheries, point-of-sale supplier Bead Pay accepted bitcoin from a resident, facilitated its sale into US {dollars}, after which deposited US {dollars} right into a state authorities checking account.
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For the state of Louisiana, the fee denomination was similar to any common verify, bank card, debit card, or financial institution switch. Louisiana by no means accepted any crypto asset. It solely acquired USD.
Certainly, no US state nor authorities accepts fee of taxes in digital currencies.
Protos has debunked a previous information announcement from BitcoinNews.com that falsely claimed that the state of California had adopted bitcoin.