Detroit Becomes Largest US City To Accept Bitcoin And Crypto For Tax Payments

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Bitcoinist 1w ago

Detroit Becomes Largest US City To Accept Bitcoin And Crypto For Tax Payments - Bitcoinist

Quick Summary:

On Thursday, Detroit announced plans to become the largest city in the United States to accept Bitcoin and other cryptocurrencies for tax payments.

According to local media reports, residents will be able to make payments through a platform managed by PayPal from mid-2025 as the city looks to modernize its payment systems.

This announcement represents our openness to new ideas and dedication to positioning Detroit as a place for entrepreneurs and bold ideas to thrive.