Detroit to Accept Crypto for Tax Payments in Bid to Spur Tech Innovation, Fuel Economic Growth
Detroit is set to become the largest U.S. city to accept crypto for tax and fee payments, an initiative aimed at positioning the city as a tech-friendly hub and fostering economic growth. Starting mid-2025, residents will be able to pay with popular cryptos like Bitcoin and Ethereum through a PayPal-managed platform, the city announced Thursday.The payment option forms part of Detroit’s broader strategy to modernize municipal services and encourage financial inclusivity, particularly for residen...
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