City of Austin Approves ‘Fact-Finding Study’ for Tax Payments in Bitcoin, Crypto

City of Austin Approves ‘Fact-Finding Study’ for Tax Payments in Bitcoin, Crypto

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Austin’s powerful City Manager will research the change’s legality, its potential to “benefit” public services, its impact on the economy and the environment and “analysis of the financial stability and security of cryptocurrency,” per a draft of resolution 55. This “fact-finding study” is due on June 16.

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