Robert Sprague: Suspended OhioCrypto.com, the program launched by his predecessor Josh Mandel that let businesses pay taxes in bitcoin, pending a ruling from the Attorney General, citing concern that state law required a competitive bidding process. On November 5, 2019, Attorney General Dave Yost issued an opinion finding that the arrangement with the payment processor BitPay required a competitive selection process and Board of Deposit approval.

This is one of 14 dated entries in Robert Sprague's record in office on this site, filed as a action dated October 2019. The sentence above is the entry as this site states it; anyone else's reading of it is listed below in their words.

Date

2019-10

Kind

action

What

Suspended OhioCrypto.com, the program launched by his predecessor Josh Mandel that let businesses pay taxes in bitcoin, pending a ruling from the Attorney General, citing concern that state law required a competitive bidding process. On November 5, 2019, Attorney General Dave Yost issued an opinion finding that the arrangement with the payment processor BitPay required a competitive selection process and Board of Deposit approval.

• Record in office on Robert Sprague's page

1. https://www.wosu.org/post/treasurer-suspends-ohio-s-bitcoin-tax-program-0
2. https://www.wosu.org/post/ohios-bitcoin-tax-program-was-illegal-state-attorney-general-says