The Louisiana state government has begun accepting cryptocurrency payments, making it the latest state in the United States to adopt digital currencies to provide government services. Louisiana Treasury Secretary John Fleming announced earlier this week that residents can now pay for various state services using a variety of digital assets. Residents can now make payments using Bitcoin (BTC), the Bitcoin Lightning Network, and the U.S. dollar-pegged stablecoin USDC.
The state says its first cryptocurrency payment has been made, a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network. While the state accepts cryptocurrency as a method of payment, the funds received will be converted into U.S. dollars. (Decrypt)
The Louisiana government has started accepting cryptocurrency payments
2024-09-19 14:42:08
Louisiana state government start accept crypto currency payments its successdesk3cryptocurrencydesktopCrypto News
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