With cryptocurrency adoption on the rise, cities and platforms are unlocking ways to make digital finance more accessible. By mid-2025, Detroit will accept Bitcoin and Ethereum for taxes, positioning it as the largest U.S. city to embrace this leap.
Meanwhile, tools like NGRAVE ZERO are redefining security by connecting offline wallets to MetaMask, creating safer Web3 experiences.
At the forefront of these innovations, Plus Wallet is transforming how users manage digital assets. Equipped with NFT support, multi-chain compatibility, and robust security, it’s proving a solid option for both beginners and seasoned crypto users.
Detroit will begin accepting crypto for tax payments in mid-2025, setting it apart as the largest U.S. city to make this move. Through a partnership with PayPal, residents can use Bitcoin and Ethereum for payments, automatically converted to U.S. dollars to protect against price swings.
Mayor Mike Duggan emphasized that this effort aims to improve access and financial inclusivity, adding to Detroit’s tech-forward appeal. The city is also exploring blockchain to boost transparency and efficiency in operations. Officials, including Treasurer Nikhil Patel, expect the system to simplify payments and trim costs.
Detroit is now actively inviting blockchain entrepreneurs to submit proposals for city projects by December 15, 2024. This forward-thinking approach aligns with Detroit’s supportive crypto stance and could set a model for other cities to follow.
NGRAVE, known for the offline hardware wallet ZERO, has integrated with MetaMask to make Web3 more secure and user-friendly. This collaboration lets users safely interact with decentralized apps, DeFi, and crypto transactions, uniting NGRAVE’s air-gapped technology with MetaMask’s Web3 tools.
The integration enables users to link their NGRAVE ZERO wallets to MetaMask, securely signing transactions offline. MetaMask generates QR codes for easy scanning and approval with ZERO, keeping private keys offline and away from online risks.
NGRAVE CEO Ruben Merre shared that this partnership offers full Web3 access with offline security to keep private keys protected. MetaMask’s Alex Jupiter noted the added user control this integration provides. NGRAVE also helped shape the ERC-4527 protocol to support all ERC20 tokens and EVM chains compatible with MetaMask.
Plus Wallet delivers an easy-to-use solution for managing digital assets with top-tier security. Available on iOS and Android, it supports numerous popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Litecoin (LTC), and Solana (SOL), allowing multi-chain asset management within one app.
Among its key features, Plus Wallet’s NFT support allows users to collect, showcase, and store non-fungible tokens securely. Additionally, it enables quick access to decentralized applications (dApps), letting users interact directly with various DeFi platforms.
Security-wise, Plus Wallet employs advanced encryption to protect private keys, storing them locally. Further, biometric authentication (Face ID) and PIN codes restrict access exclusively to the wallet owner.
To engage users further, Plus Wallet offers a rewards program where users earn USDT for swaps, plus a referral program with extra incentives. Its mobile-friendly design, real-time alerts, and intuitive interface make it appealing to beginners and experienced users alike.
By letting users vote on which blockchain networks to prioritize, Plus Wallet aligns itself with the evolving needs of the crypto community, delivering a secure and efficient platform for digital asset management.
Detroit’s decision to accept Bitcoin and Ethereum for taxes is a bold step toward incorporating digital assets into daily financial systems.
Meanwhile, platforms like NGRAVE and MetaMask are enhancing crypto security, enabling users to engage with decentralized apps more safely.
In this advancing landscape, Plus Wallet is proving a dependable choice for efficient asset management. Prioritizing security, user-friendly design, and multi-chain compatibility, it offers a comprehensive solution for those venturing into digital finance with assurance.
Explore Plus Wallet:
Website: https://pluswallet.app/
Download: https://onelink.to/pluswalletapp
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.