City of Williston Starts Accepting Bitcoin Payments For Utility Services
The City of Williston would start accepting Bitcoin and other crypto payments from the citizens for all their utility bills in partnership with Bitpay. The city council would first observe the response for the utility crypto payment and if the volumes and interest are significant the city might add other bill payment options in crypto as well including landfill, permits, and licenses. The city of Williston becomes the third municipality in the US to start accepting crypto payments and the first in the State of North Dakota.
Hercules Cummings, the Finance Director of the city explained the decision behind adding crypto payments and said,
“We are the first municipality in the State of North Dakota, and the third in the nation, to offer this service. We are exploring more payment methods to keep pace with existing payment alternatives, deliver to a growing customer demand, and cater to users of all types. There are also a number of advantages to utilizing these online payment methods including security, convenience, and cost savings.”
Individuals willing to pay their utility bills in cryptocurrencies can visit the official website of the city of Williston would require to set up a digital wallet with BitPay and later chose a digital payment option for utility bills such as water and gas. The payment is converted by BitPay from Bitcoin to fiat in a secure manner and as soon as the customers pay in digital assets, the real-time exchange rate data locks digital payment value in fiat.
“This payment diversification shows that Williston is highly interested, adaptable, and accepting to new and emerging technologies, driving value down to our citizens,” emphasized Cummings. “It delivers a statement that Williston embraces technological changes, transformation, and innovation.”
This bull season the adoption of cryptocurrencies is not just limited to Wall Street and retail traders, many cities and state councils have also pushed for accepting crypto payments for various taxes. For example, the Swiss canton of Zug has started to accept tax payments in crypto starting 2021. The city of Miami has also proposed paying government employees in digital currencies.
- Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force
- 99.3% of Bitcoin Supply in Profit, Analyst Warns of Short-Term Correction
- Pro-Crypto Mike Selig Emerges As CFTC Chair Frontrunner, Gains Ripple CLO’s Endorsement
- ‘Every Crypto ETF You Can Imagine’: Expert Predicts Flurry of Filings After REX-Osprey’s 21 Applications
- Robinhood Lists Strategy’s Bitcoin-Backed Stocks, Boosting Saylor’s BTC Credit Model
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
