PANews reported on November 8 that the Detroit Finance Office announced that Detroit will become the largest city in the United States to accept cryptocurrency payments for taxes and other fees, and the payment option is expected to be launched in mid-2025. Through a secure platform provided by cooperation with PayPal, Detroit residents will be able to use cryptocurrency to pay municipal fees.
According to the 2020 U.S. Census, Detroit has about 630,000 residents, making it the 26th largest city in the United States. In the 1950s, it was the fourth largest city with a population of nearly 2 million. Currently, only three states in the United States (Colorado, Utah, and Louisiana) allow the use of cryptocurrencies for state-level payments. In addition, Miami and New York City have shown great interest in cryptocurrencies but have not opened payment options. There are already two cities in the United States that accept crypto payments, namely Williston, North Dakota and Miami Lakes, Florida.
