Sep 07, · Arizona may become the first U.S. state to legalize bitcoin as a payment option for tax purposes. Bills to that end have been advancing in the State Legislature, with one of them already passed by the Senate Finance Committee. First reading of a draft law regulating ICOs has been scheduled, too. The Grand Canyon State. Buy Bitcoin In Arizona The state of Arizona is home to approximately 8 million citizens and is a popular place for people to buy bitcoin. Here are the 20 best exchanges in Arizona to buy bitcoin. Need a reliable bitcoin wallet? The Arizona Senate has passed a bill that aims to allow residents in the state to pay their taxes with bitcoin and other cryptocurrencies.
Arizona accepts bitcoin20 Exchanges To Buy Bitcoin In Arizona ()
Arizona State Senate Minority Leader Steve Farley has said that all taxpayers would be at risk if Bitcoin was to experience a serious crash. The American tax system is notoriously bloated and difficult to negotiate.
Representative Weninger hopes that a move towards integrating a cryptocurrency pay option is a step towards simplifying the process. Noting that the entry point for getting into Bitcoin is low most of the resources dedicated to the program would be earmarked for educating users. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.
All Rights Reserved. Advertise Submit a Press Release. Home Cryptocurrency news Bitcoin. Pros A large number of cryptocurrency pairs Strong security Privacy.
Pros Supports many currencies Large selection of cryptocurrencies High purchasing limits Ledger and Trezor wallet support. Pros Trustworthy management High volume exchange Low fees A large number of cryptocurrency pairs Global support. Pros Ability to set real-time market limit orders Low fees Clean user interface Strong reputation Great customer support.
Cons Exclusive to a limited number of countries. Cons Buyers and sellers are at risk of being scammed. Pros Available in every country of the world A diverse selection of buyers and sellers Supports many payment methods Buyers get their bitcoins fast Private. Cons Lack of cryptocurrency diversity Both sellers and buyers have a chance of being scammed.
Pros Many payment methods Diverse cryptocurrencies supported. Cons Slow customer support Mobile only. Pros Respectable reputation Supported globally No registration required Privacy Perfect for advanced traders. Cons Few payment methods Not suitable for beginners. Pros Transparency Rapid cold storage Low minimum purchase requirement. Pros Easily accessible Convenient Fun to use Physical kiosk with receipt and customer service.
Cons Distance to travel Higher fees than most exchanges. Search the website Hit enter to search or ESC to close. Brian Armstrong , Fred Ehrsam. Knowledge Base. Read Review. Nicolas Katan. Changpeng Zhao , Yi He. Cameron Winklevoss , Tyler Winklevoss. Ray Youssef , Artur Schaback. The Department, in turn, would have 24 hours to convert those payments to U. Public records show that the Senate passed the bill on Feb. Arizona State Rep.