Louisiana Government Begins Accepting Cryptocurrency Payments
The Louisiana government has begun accepting cryptocurrency payments, making it the latest US state to embrace digital currencies for government services. Louisiana Treasurer John Fleming announced earlier this week that residents can now use a variety of digital assets to pay for various state services. Residents can now pay with Bitcoin (BTC), Bitcoin Lightning Network, and USD-pegged stablecoin USDC. The state said its first cryptocurrency payment had been completed, a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network. While the state accepts cryptocurrency as a form of payment, the funds received will be converted to US dollars. (Decrypt)