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Detroit to accept cryptocurrency for taxes, fees
Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal
Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury.
Detroit to accept cryptocurrency for taxes, fees through PayPal
Welcome to Detroit
Crypto
City. Detroit announced Thursday that it will start ... 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 ...
PayPal to Process Detroit’s New Crypto Tax Payment Program
Detroit has announced plans to accept cryptocurrency tax payments through PayPal starting in mid-2025, becoming the largest US city to adopt digital currency for municipal payments while implementing automatic conversion to US dollars to manage volatility risks.
Detroit to Accept Crypto for Tax Payments in Bid to Spur Tech Innovation, Fuel Economic Growth
Detroit residents will be able to pay with popular cryptos like Bitcoin and Ethereum through a PayPal-managed platform.
US City Detroit to Accept Cryptos for Tax Payments Via PayPal
The City of Detroit will carry out crypto transactions through a “secure platform” managed by payments giant PayPal.
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 t
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 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.
Detroit to Launch Crypto Tax Payments in 2025 – Here’s What to Know
Detroit residents will be able to pay taxes in cryptocurrency, establishing Detroit as the first major city to embrace crypto for municipal services. Partnering with PayPal, the city
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3h
Detroit to Enable Crypto Payments for Taxes and City Fees Starting Mid-2025
While the announcement did not specify which cryptocurrencies would be accepted,
PayPal
currently supports several major ...
Financial News
2d
Navigating Cryptocurrency Purchases with PayPal Available Coins and Initiation Guide
Explore cryptocurrency buying with PayPal, including accessible coins and starting steps. Understand opportunities and make ...
1d
What Trump’s Election Really Means For Crypto
Trump's support for Bitcoin and crypto and rejecting CBDCs could unlock economic gains and create regulatory clarity securing ...
1d
Detroit Becomes First Major US City To Accept Taxes And Fees In Crypto; Mayor Says, 'Fostering a Technology-Friendly Environment' (UPDATED)
Note: This story has been updated with additional information. Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city fees, top officials from the city ...
2d
PayPal stock price analysis: the sky is the limit for PYPL?
PayPal stock price rally has stalled even as American equities surged and the company published strong financial results. The ...
6d
Crypto’s Next Challenge Is Balancing TradFi Adoption Versus Regulatory Changes
Crypto continues to evolve and attract mainstream adoption, but investors and advocates alike need to actively monitor trends ...
1d
Ripple CEO Notes Rising Crypto Demand As Kraken Upgrades & Plus Wallet Excels With Self-Custody & Security
See Ripple CEO’s thoughts on rising crypto demand. Compare Kraken’s bank-free upgrade with Plus Wallet’s non-custodial model ...
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