Only 0.0005% of the $11 billion collected in income tax in Colorado since 2022, amounting to just over $57,000, has been paid using crypto.
The State of Colorado began accepting crypto-based tax payments in September 2022, under a policy introduced by Governor Jared Polis.
Yet figures shared with Colorado Newsline by the Colorado Department of Revenue reveal that only eight payments using crypto were made in 2022, amounting to a grand total of only $16,426.
This rose to 22 payments and a total of $23,241 in 2023, before declining again in 2024 to $17,544, albeit across 48 payments.
“Colorado was the first state to innovate and accept cryptocurrency as payment for state taxes under the leadership of Governor Jared Polis,” said Elizabeth…
Apr 19 2025
