202505.14
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Colorado’s Cryptocurrency Tax Experiment: Innovation Meets Hesitation

by Chanel Christoff Davis in Colorado, Sales Tax, State Sales Tax Laws, States

CO: On September 1, 2022, the Colorado Department of Revenue became one of the first state agencies in the U.S. to accept cryptocurrency for state tax payments. From income tax to sales and use tax, taxpayers could pay their dues with digital currency. This futuristic leap positioned Colorado as a bold innovator in public finance….