Detroit, Cryptocurrency

Detroit Becomes the Largest U.S. City to Accept Cryptocurrency for Taxes—Federal Taxes In Spotlight
In a move that positions Detroit as a burgeoning hub for technological innovation, the city announced plans to accept cryptocurrency payments for taxes and fees starting in mid-2025. This initiative will make Detroit the largest U.
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 Embraces Digital Dough, Set to Accept Crypto for Taxes in U.S. First
Detroit aims to be the largest U.S. city to accept cryptocurrency for taxes and municipal fees by mid-2025, using PayPal's secure platform.
‘Building a technology-friendly environment’: Detroit to accept cryptocurrency payments in 2025
Detroit announced it is on track to become the largest city in the U.S. to accept cryptocurrency as a form of payment for taxes and other fees. The city said it is using a secure platform managed by PayPal for the new crypto payment option,
Detroit to accept cryptocurrency tax payments in 2025
Detroit residents will soon be able to pay their taxes using cryptocurrency, the city announced Thursday. The move to allow residents to pay taxes and other city fees would make Detroit the largest city in the U.S. to accept cryptocurrency payments, according to city officials.
Detroit is Set to Accept Cryptocurrency for City Payments in 2025
Using cryptocurrency might seem new to some, but it’s simpler than it sounds. At its core, cryptocurrency is digital money. Unlike cash or credit, it doesn’t go through a bank. Instead, it runs on a secure,
Detroit to become largest city in U.S. to accept cryptocurrency for taxes
Beginning in 2025, Detroiters will have the option to pay their taxes and other city fees with cryptocurrency, the city announced Thursday, making Detroit the largest city in the U.S. to accept cryptocurrency for taxes.
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.
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Argo Blockchain PLC Announces October Operational Update
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for October 2024.