Detroit residents will be able to pay taxes with crypto from mid-2025
Detroit will allow residents to pay taxes and city fees with cryptocurrency starting mid-2025, as part of a broader effort to modernize payment systems and attract blockchain companies. The announcement was made by the Detroit Treasury on Nov. 7, indicating that payments would be facilitated through a secure platform managed by PayPal, though specific cryptocurrencies to be accepted were not disclosed. Mayor Mike Duggan expressed excitement about exploring blockchain's civic applications, aiming to create a technology-friendly environment for residents and entrepreneurs. The city has also invited blockchain innovators to pitch ideas for civic applications, with a deadline of Dec. 15. Detroit joins a growing number of U.S. cities accepting cryptocurrency for taxes and services, following similar initiatives in Colorado and Louisiana that typically involve third-party payment vendors.
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