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Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal

Altszn.com by Altszn.com
November 7, 2024
in Blockchain, Crypto, DeFi, Web3
0
Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal
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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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Read More: www.coindesk.com

Tags: CryptoDeFiDetroitersPayPayPalTaxesyear
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