Detroit Embraces Digital Dough, Set to Accept Crypto for Taxes in U.S. First

Detroit has announced a pioneering move in the realm of digital finance, setting a course to become the largest city in the United States to accept cryptocurrency for taxes and other municipal fees. According to a recent statement released by

the City of Detroit

, payments using digital currencies such as Bitcoin can be processed securely through PayPal’s platform starting mid 2025. This decision capitalizes on Detroit’s broader technology-friendly strategy designed to spur civic engagement and economic prosperity.

Detroit Mayor Mike Duggan, at the forefront of the city’s technological embracement, was quoted saying, “We are excited to be one of the first major U.S. cities to explore blockchains civic applications and allow residents to use their cryptocurrency as a payment option.” Welcoming technology innovators, the city also calls for blockchain entrepreneurs to stimulate public service reforms while enhancing the city’s transparency and data security. Announced to be managed through PayPal, this secure platform reinforces the city’s effort to modernize payment channels and improve operational efficiency for Detroiters, according to City Treasurer Nikhil Patel. Expressing his commitment, whose office is determined to improve city payment services, Patel emphasized the platform’s role in increasing accessibility, particularly for residents who may not have traditional banking access, as detailed by the

City of Detroit official website

.

Addressing the initiative’s invitation to tech entrepreneurs, Detroit’s Director of Entrepreneurship and Economic Opportunity Justin Onwenu motivates innovation in public service applications of blockchain technology. Proposals are welcomed, as mentioned in the announcement, through December 15 at

[email protected]

. Interested parties are encouraged to outline in their submissions how their blockchain solutions will potentially upgrade transparency and security in public transactions, while detailing costs and risks involved.

Although Detroit is setting a significant milestone, it is far from alone in the drive towards embracing cryptocurrencies. States like Colorado, Utah, and Louisiana have already paved the way with their acceptance of digital currencies for various state services. Additionally, other cities across the nation, including Williston, North Dakota, and Miami Lakes, Florida, have accepted cryptocurrency for certain municipal payments. Yet, despite favoring cryptocurrency developments, cities like Miami under Mayor Francis Suarez, or New York City with Mayor Eric Adams, have not fully implemented such payment options for city fees or taxes.

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