The crypto payment option, which will be offered through a “secure payment platform managed by PayPal,” according to the release, is expected to go live in mid-2025. A spokesperson for the city did not immediately respond to questions about which cryptocurrencies Detroit plans to accept, but PayPal only supports a small handful of tokens — bitcoin, ether, bitcoin cash, litecoin, and PayPal’s own stablecoin, PayPal USD.
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https://www.coindesk.com/policy/2024/11/07/detroiters-will-be-able-to-pay-their-taxes-in-crypto-next-year-using-paypal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-11-07 21:37:09
