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Cardano’s Charles Hoskinson Announces That Swiss Canton Zug Will Accept Taxes In Crypto

cryptogazette.com

A person posted: “It is great that it is not only BTC and also ETH is accepted. Coindesk notes: “From next February, citizens and companies based in Zug will be able to pay up to 100,000 CHF (around $109,000) of their taxes in either bitcoin (BTC) or ether (ETH).”.

For the initiative, authorities have partnered with the Zug-based crypto broker and custodian Bitcoin Suisse, which will convert cryptocurrency payments into Swiss francs and hand them over to the tax office.” Check out the tweet that was shared by the Cardano community.

Read in Full: cryptogazette.com
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