Breaking
March 14, 2025

Crypto News | Detroit becomes first city to fully adopt crypto payments for taxes, fees Assad Jafri | usagoldmines.com

Detroit is setting a national precedent by becoming the largest US city to accept crypto for taxes and city fees.

City officials announced on Nov. 7 that residents will be able to pay these expenses with crypto starting in mid-2025 through a secure platform operated by PayPal.

The move is part of Detroit’s broader vision to establish itself as a hub for digital innovation and inclusive public services. By enabling crypto payments, the city aims to streamline transactions for residents and open doors for unbanked or underbanked communities who may face barriers in traditional banking.

Mayor Mike Duggan said:

“Detroit is building a technology-friendly environment that empowers residents and entrepreneurs. We are excited to be one of the first major US cities to explore blockchain’s civic applications and allow residents to use cryptocurrency as a payment option.”

This initiative comes as other cities and states experiment with crypto payments. However, Detroit’s move to enable them for a wider array of city services sets it apart, positioning it as a trailblazer among larger municipalities.

Financial accessibility

Detroit’s Treasurer, Nikhil Patel, emphasized the importance of accessible services and modernized payment options.

He said:

“The Treasurer’s Office is committed to modernizing our payments channels to enhance the customer experience and improve internal operational efficiency. This platform will increase accessibility for Detroiters who want to use cryptocurrency and also simplify electronic payments for all residents, including those who may be unbanked.”

According to recent data, roughly 4.5% of US households lack access to traditional banking. By offering crypto as a payment option, Detroit hopes to reach these residents and provide a smoother transaction process.

Invitation for innovation

Detroit is also opening its doors to blockchain entrepreneurs who can help improve city services. Entrepreneurs are encouraged to submit proposals by Dec. 15, outlining solutions that leverage blockchain’s potential for transparency, security, and efficiency in public services.

Detroit’s Director of Entrepreneurship and Economic Opportunity, Justin Onwenu, said:

“Blockchain technologies have the potential to drive greater accessibility, efficiency, transparency, and security, and we’re excited to hear from entrepreneurs at the forefront of this work.”

Detroit’s embrace of crypto and blockchain is part of a broader strategy to position itself as a hub for technology and innovation, paving the way for other major cities to follow.

The post Detroit becomes first city to fully adopt crypto payments for taxes, fees appeared first on CryptoSlate.

 Detroit is setting a national precedent by becoming the largest US city to accept crypto for taxes and city fees. City officials announced on Nov. 7 that residents will be able to pay these expenses with crypto starting in mid-2025 through a secure platform operated by PayPal. The move is part of Detroit’s broader vision
The post Detroit becomes first city to fully adopt crypto payments for taxes, fees appeared first on CryptoSlate. Adoption, Crypto, Featured 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | Fairspin Casino Unveils CopyStake, a New Automated Betting Feature blockchainnews | u...

Crypto News | BTC Price Maintains $80K After Favorable CPI Data, XRP to Get Commodity Status? (Your...

Crypto News | Solana governance sets new participation record outpacing past US presidential electio...

Crypto News | Gold breaks $3,000 for first time amid global uncertainty as Bitcoin trades sideways O...

Crypto.com Gets Limited License in Dubai for Derivatives Victor | usagoldmines.com

BlackRock will file for both Solana and XRP ETFs, Nate Geraci Florence Muchai | usagoldmines.com

Over 30% of Russian banks not ready to embrace CBDC, report finds Vignesh Karunanidhi | usagoldmines...

Bitcoin Faces Rejection At $84,000, But Analysts Show 2020 Similarities – Recovery Ahead? Rubmar Gar...

Crypto News | Pi Network Turns 6: Latest Developments, Milestones, and Future Plans Dimitar Dzhondz...

Crypto News | This Meme Coin Soars 162% After Coinbase Roadmap Addition Wayne Jones | usagoldmines....

Crypto News | Trump-backed DeFi project WLFI closes raise surpassing goal reaching $590 million Oluw...

Solana inflation reduction proposal fails despite strong community support Cryptopolitan News | usag...

Bitcoin’s Price at a Crossroads—Will It Break $86K or Drop to $64K Support? Samuel Edyme | usagoldmi...

Best AI Agent Coins to Buy as Investor Hype Remains Steady on AI Industry Krishi Chowdhary | usagold...

Crypto News | SEC Reportedly Considering Classifying XRP as a Commodity Wayne Jones | usagoldmines....

Crypto News | Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and...

Trump Crypto Executive Order Sparks New Bill for U.S. Bitcoin Stockpile Elena R | usagoldmines.com

World Liberty Financial ($WLFI) Token Sale Ends, Raising $550M Victor | usagoldmines.com

Coinbase Suspends FLOKI, TURBO and GIGA in NY Tari | usagoldmines.com

Tesla turns to cheaper cars and White House support to revive dwindling business Hannah Collymore | ...

9 tokens bought by Trump-backed WLFI suffer a $124M loss Florence Muchai | usagoldmines.com

We’re in a technical correction, not a bear market, says BofA Jai Hamid | usagoldmines.com

Rep. Byron Donalds introduces bill to make Trump’s strategic Bitcoin reserve permanent Jai Hamid | u...

Russia bypassing US sanctions with cryptocurrencies in oil trade Collins J. Okoth | usagoldmines.com

Anthony Scaramucci Predicts Bitcoin’s Rocket Surge To $200,000 Before End Of Year Brenda Ngari | usa...

Expert’s Bold Prediction Puts Sui (SUI) At $20 And Mutuum Finance (MUTM) At $10 Before August 2025 C...

Crypto News | Recent Ripple v. SEC Lawsuit Updates, Interesting XRP Price Predictions, and More: Bi...

Crypto News | Vermont withdraws action against Coinbase, awaits SEC’s regulatory clarity Oluwapelumi...

Vitalik Buterin: Humans Essential for AI Decentralization Victor | usagoldmines.com

ZKSync discontinues its Ignite incentive program due to unfavorable market conditions Hristina Vasil...

Not ruling out recession: VP Vance says you can never predict the future Florence Muchai | usagoldmi...

SEC Considers Labeling XRP A Commodity As High-Profile Enforcement Case Against Ripple Nears Conclus...

Bitcoin In An Oversold Zone, Is a $100,000 Rebound Imminent? Aliyu Pokima | usagoldmines.com

Here Is When Wall Street Giant BlackRock Will Join Spot XRP ETF Race, According To Pundit Brenda Nga...

This Token’s Got Utility—and It’s Making Waves! Could It Be the Next Blockchain Beast? Cryptopolitan...

Bitcoin & Altcoin Volume Fades—Investor Exhaustion Setting In? Keshav Verma | usagoldmines.com

Russia Adopts Bitcoin and Ethereum for Oil Trade with BRICS Nations to Evade Sanctions Nidhi Kolhapu...

RedotPay raises $40M to expand crypto payments Nellius Irene | usagoldmines.com

Whale dumps HYPE for USDC losing $1.8M, other whales go long on ETH and HYPE Florence Muchai | usago...

China sees US trade wars as a joke, as it pushes key allies away Jai Hamid | usagoldmines.com

Cardano (ADA) Faces Sell-Offs As Holders Shift Focus To This $0.020 Altcoin Cryptopolitan Media | us...

Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says Ash Tiwari | usag...

Crypto News | Bitcoin Price Analysis: BTC Risks Falling to $75K if This Resistance Breaks CryptoViz...

Crypto News | Crypto Price Analysis March-14: ETH, XRP, ADA, SOL, and HYPE Duo Nine | usagoldmines....

Crypto News | BlackRock’s BUIDL fund breaks $1 billion in tokenized RWAs, up 56% in a month Liam 'Ak...

BlackRock Eyes XRP ETF Filing After SEC Lawsuit Conclusion Anjali Belgaumkar | usagoldmines.com

Russia Uses Bitcoin, USDT for Oil Deals with China, India Victor | usagoldmines.com

Lawmaker Urges Treasury to Block Trump’s Bitcoin Reserve Victor | usagoldmines.com

Three Arrows Capital gets U.S. bankruptcy court authorization to increase $1.5B claim against FTX Co...

World Liberty Financial (WLFI) completes its token sale, raising $500 million in total financing Col...

Ark Invest buys 997 BTC worth $80M via Coinbase as Bitcoin strategy expands Nellius Irene | usagoldm...

Elon Musk, DOGE, Obama and Democrats have one thing in common – MAGA Florence Muchai | usagoldmines....

Solana Price Could Drop 29% From Here, Bloomberg Experts Names This Trending Altcoin The Dogecoin Of...

Bitcoin’s MVRV Ratio Nears Key Level—Will This Trigger a Major Reversal? Samuel Edyme | usagoldmines...

Crypto News | Will Crypto Markets React to $3B Bitcoin Options Expiring Today?  Martin Young | usag...

Crypto News | Will Trump’s ‘Short-Term Pain’ Plan Result in Long-Term Gains for Crypto? Martin Youn...

Crypto News: Trump Administration Set to Focus on U.S.-Based Altcoins, Expert Reveals Bullish Outloo...

Pump.fun turns to DMs and group messaging features after failed livestream experiment Hannah Collymo...

XRP Primed for a Massive Breakout—What It Means for PEPE & DURAG! Cryptopolitan Media | usagoldm...

Crypto Pundit Claims XRP Will Hit $1,000 – Here’s The 10 Reasons Why Jake Simmons | usagoldmines.com

Crypto News Today, 14th March : Pi Network Price , XRP News, Bitcoin & Ethereum Price Today Qadi...

BOJ to assess economic risks from U.S. tariffs while keeping rates steady Noor Bazmi | usagoldmines....

New poll data suggests Americans are less optimistic about Trump’s policies Collins J. Okoth | usago...

Cardano Price Testing KEY Support Level – Massive Crash Coming? Joel Frank | usagoldmines.com

Can XRP Finally Break $10? Ripple’s Legal Battle Nears an End  Michael Davis | usagoldmines.com

‘Upbit Dependence Could Derail New K Bank IPO Bid’ – Report Tim Alper | usagoldmines.com

Treasury Urged to Dismiss Trump’s Proposal for a Strategic Bitcoin Reserve Shalini Nagarajan | usago...

RedotPay Raises $40M to Build Borderless Payment Ecosystem Bridging Crypto and Fiat Ruholamin Haqsha...

Ethereum’s Volatility Makes FXGuys the Smarter Bet for Long-Term Investors Cryptopolitan Media | usa...

ECB President Christine Lagarde says Trump will trigger a global recession Jai Hamid | usagoldmines....

Crypto Analysts Believe This New Crypto Could Become Bigger Than Solana, XRP and BNB Cryptopolitan M...

OrbAI: The World’s First AI Aggregator Surges Past $1M in Presale – A Game-Changer in AI Innovation ...

Bitcoin And S&P Decline Together, But Data Predicts A Turnaround Christian Encila | usagoldmines...

Crypto News | Analyst Sees Hyperliquid’s $4M Loss as a Growth Opportunity for DeFi Wayne Jones | us...

Ripple Lawsuit News: SEC to Decide if XRP Deserves Same Treatment as Ethereum Anjali Belgaumkar | u...

US Treasury meets with crypto execs to discuss custody of the strategic Bitcoin reserve Jai Hamid | ...

Gold reaches new high amid Trump’s tariff fears and weak inflation report Noor Bazmi | usagoldmines....

The Market Is Down, but the Next 100x Gems Are Emerging — XYZVerse, Chainlink, and Cardano Cryptopol...

XRP Price Hints At Symmetrical Triangle, But A Crash Could Come Before The Surge Scott Matherson | u...

Cardano (ADA) Struggle Persists—Is a Rebound Still Possible? Aayush Jindal | usagoldmines.com

XRP Price Builds Base—Short-Term Rally May Be Brewing Aayush Jindal | usagoldmines.com

XRP News: New Proposal Seeks SEC Settlement with Ripple by Classifying XRP as a Payment Network Anj...

China will benefit from US trade wars according to EU’s top diplomat Noor Bazmi | usagoldmines.com

Bitcoin Price Steadies—Is a Meaningful Bounce on the Horizon? Aayush Jindal | usagoldmines.com

Ethereum Price Consolidates and Eyes Recovery—Is a Bounce Incoming? Aayush Jindal | usagoldmines.com

Pi Coin Price Prediction Today: What to Expect on Pi Day and Possible Binance Listing Anjali Belgau...

DOGE email reveals IRS layoff plans as Trump orders federal job cuts Nellius Irene | usagoldmines.co...

Why We Could See Mutuum Finance (MUTM) At $3 And Solana (SOL) At $870 At The End Of This Bull Run Cr...

Is XRP About To Shock The Market? Analyst Says $110 Is Possible Christian Encila | usagoldmines.com

Crypto News | Deep liquidity cushioned Bitcoin’s price during March volatility Andjela Radmilac | us...

XRP Price Prediction For March 14 Anjali Belgaumkar | usagoldmines.com

DEX Aggregator 1inch Expands to Linea, Using Zk-Rollups for Trading Tanzeel Akhtar | usagoldmines.co...

Prosecutors Find Illegal Crypto Mining Farm in Siberian Orphanage Tim Alper | usagoldmines.com

Trump Family’s Reported Binance.US Talks Draw Scrutiny from Elizabeth Warren Julia Smith | usagoldmi...

Bitcoin Price Rebounds – But Is a Crash to $73K or a Rally to $90K Next?  Arslan Butt | usagoldmines...

XRP Bulls Struggle To Break Key Resistance At $2.2546: What’s Next? Godspower Owie | usagoldmines.co...

Crypto News | Financial advisers, wirehouses set to fuel next wave of Bitcoin ETF adoption Gino Mato...

Federal judge instructs Trump administration to reinstate fired workers in 6 federal agencies Shumma...

‘Uncertain times’ Provide Support for Bitcoin, Rate Cut in June May Boost Price Troy Watson | usagol...

Crypto News | Bolivia turns to crypto for fuel trade amid US dollar shortage Assad Jafri | usagoldmi...

Leave a Reply