Good morning!
While the market shows some concerning signs, Eddie Hughes, a member of the U.K. Parliament for the Walsall North constituency, recently stated that making payments to local authorities and utility providers with Bitcoin (BTC) should be possible. His statements were reported by local news outlet Express.co.uk on Dec. 10.
This comes as a consequence of the fact that the state of Ohio in the US announced that businesses will be able to pay their taxes in Bitcoin. Hughes commented on this by saying: “You’re either ahead of the curve or you’re behind the curve, and our country is in an interesting position right now — we need to be seen as a progressive country.”
This is definitely a positive sign from regulators for crypto in general, don’t you think?