Canada to Accept Crypto Assets for Tax After Council Approval
Following a recent council approval, Canadian City of Richmond Hill will be exploring providing crypto asset property tax payments. Helping to provide the service will be domestic digital currency platform, Coinberry.
According to a press release from the Canadian trading platform Coinberry, the firm is in discussions with the City of Richmond Hill, Ontario, about providing a crypto asset payment processing solution. The aim is to allow residents and businesses to pay their property taxes using cryptocurrency.