Detroit to Accept Bitcoin for Taxes and Fees in 2025, Managed by PayPal

Nov 7, 2024, 08:38 PM

Detroit, Michigan, has announced that it will start accepting Bitcoin and other cryptocurrencies for tax payments and city fees beginning in mid-2025. This move makes Detroit the largest U.S. city to embrace cryptocurrency for public payments. The initiative will be managed through a platform operated by PayPal. Detroit's Mayor Duggan expressed excitement about exploring blockchain's civic applications and highlighted the city's commitment to innovation.