Canada: Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin
Cointelegraph
Published Mar 28, 2019 08:05PM ET
Updated Mar 28, 2019 08:22PM ET
Canada: Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin
The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies. The Innisfil Council voted to approve the program on March 27.
Per the CBC, Innisfil, in partnership with cryptocurrency payment processing project Coinberry Pay, will allow its residents to pay property taxes in Bitcoin (BTC), wherein the latter will convert cryptocurrency to Canadian dollars and transfer payments to the town.
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Written By: Cointelegraph
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