Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Paying your taxes in Bitcoin (BTC): the Swiss city of Lugano makes this possible

Bitcoin: Paying your taxes in Bitcoin (BTC): the Swiss city of Lugano makes this possible

Lugano city has just made an exciting announcement - it will now allow its residents and businesses to pay taxes and other municipal services using #Bitcoin and #Tether (USDT). This new payment option is made possible through a collaboration with Swiss crypto company Bitcoin Suisse. With this streamlined process, all bills issued by the city can now be settled with either of these cryptocurrencies.

“It is great to see that more and more Swiss municipalities are offering payments in cryptocurrencies as an option available to both citizens and companies, complementing traditional payment methods such as post-office counters and e-banking platforms”said Bitcoin Suisse Chief Product Officer Armin Schmid.

Lugano is making strides in its adoption of cryptocurrency payments through its partnership with Tether and the implementation of its "Plan B." This plan aims to incorporate blockchain technology into various aspects of the city's financial infrastructure. The latest development involves expanding crypto payments and extending their use to other areas of civic life.

To facilitate this transition, Lugano has enlisted the support of Bitcoin Suisse, which will provide the necessary technical infrastructure for accepting Bitcoin and Tether. Through the utilization of Swiss QR-Bill technology, residents of #Lugano can conveniently scan a code on their bills and make payments using their preferred mobile crypto wallets.

Additionally, #Polygon recently introduced an app called MyLugano, which enables residents to pay taxes, parking tickets, and public services using cryptocurrency.

This move follows in the footsteps of #Switzerland's "crypto valley" canton Zug, which began accepting Bitcoin and #Ethereum for tax payments in 2021. The partnership with local firm Bitcoin Suisse enables the conversion of crypto tax payments into Swiss francs.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Press Releases: Happening Right Now - Marginly is Bootstrapping Liquidity
Marginly, the leverage-as-a-service protocol that enables one-click leverage on yield-bearing assets, kicked off its Liquidity Bootstrap Event on May 15. The protocol is rewarding..
Altcoins: The founder of Telegram commented on the launch of the Notcoin token
Pavel Durov, the creator of the Telegram messaging platform, shared his thoughts on the introduction of the Notcoin (NOT) cryptocurrency. He emphasized that the initiative has attracted more..
Regulation: The French regulator announced a possible blocking of the Bybit platform
The French financial markets regulator (AMF) has issued a warning to investors about the possible restriction of access to the Bybit platform's website. It also noted that..
Mining: During the last three years, El Salvador mined 473.5 BTC using geothermal energy
Since 2021, El Salvador has mined 473.5 BTC (equivalent to $29.3 million) through the use of geothermal energy. Such information was released by Reuters, referring to the state structure..
Make crypto bots for trading