Detroit to accept crypto payments for taxes and city fees

Detroit is set to become the largest US city to accept cryptocurrency for tax and fee payments.

Starting in mid-2025, residents will be able to use cryptocurrency to pay through a platform managed by PayPal, Detroit officials announced today.

This initiative is in line with the city’s plan to embrace new technologies to improve public services and spur economic growth. Michigan has been taking a pro-crypto turn lately, with the Michigan State Retirement System investing $6.6 million in ARK 21Shares’ ARKB spot Bitcoin ETF.

According to officials, Detroit wants to create a more technology-friendly environment for both citizens and blockchain entrepreneurs who want to contribute to civic solutions.

“Detroit is building a technology-friendly environment that empowers residents and entrepreneurs,” said Mayor Mike Duggan. “We are excited to allow residents to use cryptocurrency as a payment option.”

Detroit Finance Minister Nikhil Patel said this crypto payment option is part of ongoing efforts to modernize the city’s payment system. The Finance Office hopes the platform upgrade will make payments more accessible, especially for those who do not have traditional banking services.

“This new payment platform will increase accessibility for Detroiters who want to use cryptocurrency; “More importantly, upgrading the platform will also make it easier for Detroiters, including those without a bank account, to make electronic payments.”

Nikhil Patel

Crypto and blockchain use cases for city services

Alongside this presentation, Detroit is inviting blockchain innovators to submit ideas for blockchain applications that could improve city services. Proposals should address potential benefits for city residents, including transparency and data security.

With this move, Detroit will join states like Colorado, Utah, and Louisiana in accepting crypto for public payments.