Sprague Shelves Bitcoin Payments

Ohio Treasurer, Robert Sprague suspends a program that allows the use of cryptocurrency, bitcoin, for business tax payments. Sprague says he determined the third-party payment processor for the OhioCrypto.com website, Atlanta-based BitPay, may be functioning as a “financial transaction device.” If so, the company should have been chosen through the competitive selection process.

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Asst. to Kaptur enters guilty plea to wire fraud charge.

In a Virginia federal court on Tuesday, a former assistant to U.S. Representative Marcy Kaptur …