Brianna Tinsley
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Detroiters will see the option to pay their property taxes with cryptocurrency through PayPal starting in mid-2025. Entrepreneurs and tech leaders had lobbied for the change. Nikhil Patel, deputy CFO and treasurer for the city of Detroit, says implementing the system will put Detroit at the forefront of enabling technologies like crypto and blockchain.
Detroiters will see the option to pay their property taxes with cryptocurrency through PayPal starting in mid-2025. Entrepreneurs and tech leaders had lobbied for the change. Nikhil Patel, deputy CFO and treasurer for the city of Detroit, says implementing the system will put Detroit at the forefront of enabling technologies like crypto and blockchain.
Patel says the city will settle all crypto payments in U.S. dollars and will at no point hold cryptocurrency assets. For NPR News, I'm Brianna Tinsley in Detroit.
Patel says the city will settle all crypto payments in U.S. dollars and will at no point hold cryptocurrency assets. For NPR News, I'm Brianna Tinsley in Detroit.