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North Dakota Permits Small Businesses to Pay Taxes in Stablecoins
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North Dakota Permits Small Businesses to Pay Taxes in Stablecoins
The dome of the Capitol building in North Dakota sparkles in the pale Midwestern sun on a windswept afternoon in Bismarck. Inside, lawmakers have been discussing a proposal that would have seemed ridiculous in the farming communities of the state ten years ago: enabling small companies to use a stablecoin backed by the government to pay taxes. This coin isn’t a meme. Bitcoin isn’t it. We refer to it as Roughrider Coin. The program, which was cre…
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