Crypto Payments Coming to Detroit
Starting in 2025, Detroit residents will be able to pay their taxes and city fees using cryptocurrency via PayPal. The initiative, managed by Detroit’s Office of the Treasury, makes Detroit the largest U.S. city to adopt a crypto payment option, following the footsteps of Miami Lakes, Florida, and other regions.Building a Blockchain-Friendly Environment
Mayor Mike Duggan emphasized Detroit’s commitment to becoming a tech-forward city, encouraging blockchain entrepreneurs to pitch ideas for civic applications that could enhance transparency and data security. This program, led by Detroit’s Director of Entrepreneurship and Economic Opportunity, aims to attract blockchain innovators to the city.Potential to Lead in Blockchain Adoption
Detroit’s move to embrace blockchain reflects a broader effort to modernize public services. The city’s crypto payment option could encourage further adoption as blockchain applications develop, setting Detroit apart as a leader in digital transformation.
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