Home Blockchain News Canadian Ontario Town Accepts Property Taxes in Bitcoin. There’s a Catch.

Canadian Ontario Town Accepts Property Taxes in Bitcoin. There’s a Catch.

by Rss Feed from web
157 views
cryptocurrency news feed

Innisfil, a town in Ontario with a population of 36,000, has approved a pilot project which will allow residents and local businesses to pay their property taxes in bitcoin. The new payment option will come into effect next month, according to a statement. ?️ News Release: Town of Innisfil First Municipality in Canada to Accept Cryptocurrency in Partnership With Coinberry: https://t.co/YatUyuC8KD @coinberryio — Town of Innisfil (@townofinnisfil) March 28, 2019 Compared to credit cards Innisfil says paying property taxes using bitcoin will be cheaper. This is because the processing fee will be 0.5% compared to credit cards which charge an

The post Canadian Ontario Town Accepts Property Taxes in Bitcoin. There’s a Catch. appeared first on CCN

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment