Detroit residents will be able to pay taxes with crypto from mid-2025
Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.
Detroit will soon allow its residents to pay their taxes and other city fees with cryptocurrency as the city looks to “modernize” and attract blockchain companies to the city, according to an announcement from Detroit’s Office of Treasury.
In a Nov. 7 statement, the Detroit Treasury said the new crypto payment options would be offered through a “secure payment platform managed by PayPal” from mid-2025.
The announcement did not clarify which cryptocurrencies Detroit would accept as payment, but PayPal currently provides support for a small number of major crypto assets, including Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and its own in-house stablecoin PayPal USD (PYUSD).
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Author: Tom Mitchelhill
