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International Business Times
International Business Times
Business
Marvie Basilan

Detroit To Allow Residents To Pay Taxes, City Fees In Crypto In Mid-2025

Detroit will implement upgrades to the city's taxes and fees payments system to include cryptocurrencies. (Credit: Pixabay)

KEY POINTS

  • Detroit's Mayor said the city is moving toward providing a 'technology-friendly environment'
  • The initiative is expected to help improve payments for Detroit residents and cater to the unbanked
  • The city has also called on blockchain developers and businesses to send in proposals for new projects

Detroit, the most populated city in Michigan, will soon allow its residents to pay for their taxes and city fees in cryptocurrency, marking a significant milestone in the journey of crypto toward broader adoption.

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