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Utah House Approves Bill to Allow Residents To Pay Taxes Through Cryptocurrency

Utah House Approves Bill to Allow Residents To Pay Taxes Through Cryptocurrency

By /March 1, 2022 /Local News

(Salt Lake City, UT) — Utah residents could soon have the chance to pay their taxes through cryptocurrency. The Utah House approved legislation from Republican Representative Jordan Teuscher that would allow the state to contract with a third-party vendor to allow for crypto payments to the state. Teuscher argues more […]

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IRS Seized Over Three-Billion-Dollars In Cryptocurrency This Past Year

IRS Seized Over Three-Billion-Dollars In Cryptocurrency This Past Year

By /November 22, 2021 /Local News

(Ogden, UT) — The IRS says almost all the money seized by the service’s Criminal Investigation unit over the past fiscal year was cryptocurrency. The unit recovered three-point-five-billion-dollars in crypto over the fiscal year which equals to 93-percent of overall seizures. This comes as crypto has become the main form […]

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