Detroit Will Soon Begin Accepting Cryptocurrency For Taxes
DETROIT — Detroiters will soon be able to pay their taxes and other city fees using cryptocurrency, officials announced Thursday.
In doing so, Detroit would become the largest U.S. city to accept cryptocurrency payments.
The transactions will be made through a secure platform managed by PayPal, and will become available sometime in mid 2025, officials said.
This innovative payment option is part of a larger strategy by the City to explore innovative technologies that could enhance public services, strengthen civic engagement and foster economic growth.
The initiative not only makes it easier for Detroit residents to make payments with the city, but also marks Detroit's commitment to welcoming blockchain and technology entrepreneurs who want to make a difference in the city.
"Detroit is building a technology-friendly environment that empowers residents and entrepreneurs," Detroit Mayor Mike Duggan said. "We are excited to be one of the first major U.S. cities to explore blockchains civic applications and allow residents to use their cryptocurrency as a payment option."
Officials also asked blockchain entrepreneurs to pitch their ideas for block chain civic applications to Justin Onwenu, the city's first Director of Entrepreneurship and Economic Opportunity.
Anyone interested in sending a proposal to Onwenu can email them to by December 15 of this year.
Proposals should include descriptions of the proposed solutions, potential stakeholders, costs, risks and should also outline how their ideas will improve city services and benefit city residents.
As of November 2024, only Colorado, Utah and Louisana accept cryptocurrency for state payment.
