According to an official press release, Detroit will become the largest city in the United States to accept cryptocurrency payments. From mid-2025, local residents can use cryptocurrency to pay taxes and other municipal fees through a secure platform managed by PayPal. "Detroit is building a technology-friendly environment that empowers residents and entrepreneurs," Detroit Mayor Mike Duggan said in a press release. "We are excited to be one of the first major U.S. cities to explore blockchain citizen applications and allow residents to use cryptocurrency as a payment method."
According to the 2020 U.S. Census, Detroit has a population of about 630,000 and is the 26th most populous city in the United States. Detroit used to be the fourth most populous city in the United States, with a population approaching 2 million in the 1950s. According to reports, three U.S. states (Colorado, Utah, and Louisiana) currently accept cryptocurrencies as a payment method for state government fees.
Detroit will become the largest city in the United States to accept cryptocurrencies for taxes, fees, and other expenses
2024-11-07 21:46:59
According to a official press release Detroit become United States acceptdesk3cryptocurrencydesktopCrypto News
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