A Town In Canada Has Approved Pilot Property taxes in Bitcoin

A Town In Canada Has Approved Pilot Property taxes in Bitcoin

Innisfil, an Ontario town in Canada has approved a pilot program that allows taxpayers to pay property taxes with Bitcoin, according to a press release published by the local government.

The city of Innisfil has reached a partnership with cryptocurrency payment startup Coinberry Pay to allow its residents to make property taxes payments in Bitcoins, first, and other cryptocurrencies in the future.

The partnership will include other cryptocurrencies in the months to come such as Litecoin, Ethereum, Bitcoin Cash, and Ripple.

Innisfil is a town of 36,000 people 80 kilometers north of Toronto and south of Barrie, Ontario. The city voted for the project in a 1-year venture.

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