Detroit to accept cryptocurrency for tax payments

Detroit’s city administration is to become the latest US authority to enable residents to pay taxes and other city fees using cryptocurrency.

The city’s Office of The Treasury has announced that people will have the option to pay taxes using crypto through a secure platform managed by PayPal, a move that it says would make the Michigan city – the birthplace of the American automotive industry – the largest US city to accept cryptocurrency as a form of payment for city fees and taxes.

Three US states’ revenue departments – Colorado, Utah and Louisiana – already accept crypto for payments

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