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Detroit says the move to accept crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.
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Detroit says the move to accept crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.
Detroit is making a name for itself as the badlands of America once more - but this time round, it’s all about Bitcoin ATM crime.
The American city of Detroit has been suffering serious financial problems for a number of years, and now it seems to be under attack by cybercriminals, as well.
The Detroit News argued IRS's stance, suggesting that Bitcoin be classified as a foreign currency.