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cryptocurrency, Detroit
Detroit to accept cryptocurrency for taxes, fees through PayPal
The payments would be handled by PayPal, which would accept the cryptocurrency, then convert it to regular U.S. dollars for the city. That approach would shield Detroit from the risk of wild fluctuations in the value of such digital currencies, city Treasurer Nikhil Patel said in a phone interview.
Eye on Crypto: Detroit To Accept Crypto in 2025; Alchemy Pay Doubles U.S. Licenses
Detroit will begin accepting cryptocurrencies for city fees and taxes, becoming the largest U.S. city so far to do so, says a statement from Mayor Mike Duggan. Only Colorado, Utah, and Louisiana accept cryptocurrency for state payments, the statement notes.
Detroit to begin accepting cryptocurrency as payment for taxes
Once available, Detroit will be the largest city in America to accept bitcoin and other cryptocurrency as payment.
Detroit will become the largest US city to accept crypto to pay taxes and fees
Detroit would become the largest U.S. city to accept cryptocurrency payments. Detroit will become the largest city in the United States to accept cryptocurrency payments, city officials announced Thursday. Residents can pay taxes and other city fees using crypto through a secure platform managed by PayPal.
Detroit Becomes First Major American City To Pioneer Crypto Payments for City Services
Detroit is making history as the first major American city that will permit cryptocurrency to pay for its services.
Detroit Will Let You Pay Your Taxes in Bitcoin. You Probably Shouldn’t Do That
A lot of this appears to be a marketing ploy to position Detroit as an innovation hub, according to the city’s announcement, and comes just as President Trump has won a second term in office; he has said he would support a loosening of regulation on crypto.
Detroit to become largest US city to accept cryptocurrency for tax payments
Starting next year, Detroit residents will be able to pay their taxes and other city fees using cryptocurrency. Detroit is set to become the largest U.S. city to do this.
Detroit to soon allow tax payments in cryptocurrency
Detroit is set to make history as the largest U.S. city to accept cryptocurrency payments for taxes and municipal fees. This initiative was announced by city officials and will launch in mid-2025 through a secure platform managed by PayPal.
The Times (Shreveport) on MSN
1mon
Louisiana accepts first cryptocurrency payment
Louisiana
State Treasurer John Fleming announced Tuesday the state's plan to accept
cryptocurrency
as a valid form of payment, allowing the integration of digital currency into
Louisiana
's ...
9d
on MSN
Woodside Energy, Tokyo Gas in talks over stake in Louisiana LNG project
Tokyo Gas in talks with Woodside Energy for a stake in Louisiana LNG project, part of strategy to secure U.S. gas supply.
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