A Florida tax collecter partners with BitPay, a bitcoin payments processor in order to accept bitcoin and bitcoin cash for various services, reported Coindesk on May 14.
Joel Greenberg, Seminole County tax collector expressed that his agency will accept payments in bitcoin and in bitcoin cash for payments related to driver licenses and ID cards, automobile tags and titles and property tax.
The office’s decision to accept cryptocurrencies as a payment is the result of an effort to streamline fee collection, to reduce fraud associated with identity, and to enhance the precision and the transparency of payments.
Greenberg’s agency also claims that it does not perceive any “price volatility or risk to the County” regarding this decision.
He expressed in a statement,
“The aim of my tenure in office is to make our customer experience faster, smarter and more efficient, and to bring government services from the 18th century into the 21st century and one way is the addition of cryptocurrency to our payment options.”
This decision marks BitPay’s first partnership with a government, as Jeremie Beaudry, BitPay’s head of compliance explains that the company was created because “we recognized the potential for blockchain to revolutionize the financial industry, making payments faster, more secure and less expensive on a global scale.”
“With the Seminole County Tax Collector’s office, we have engaged our first government agency to accept bitcoin and bitcoin cash by making it easy and seamless for them,” Beaudry further mentioned.