Miami-Dade County Tax Collector Dariel Fernandez announced on Monday that property owners can now pay their property taxes with bitcoin, according to Bitcoin Magazine and CBS Miami. County officials said the option is available immediately, both online and at county tax service locations.
Online, taxpayers connect a supported cryptocurrency exchange account or digital wallet at checkout and authorize the payment. In person, they can request the method at the Tax Collector’s Office, CBS Miami reported.
The office said it does not hold, invest in or manage cryptocurrency. A third-party system converts each payment into U.S. dollars at the time of payment, so the county receives the full amount owed in dollars regardless of bitcoin price changes. Neither outlet named the payment processor.
Bitcoin Magazine reported that the office did not say whether bitcoin payments carry a convenience fee. Card and mobile-wallet payments online carry a nonrefundable 2.50% fee, with a $2.50 minimum. CBS Miami reported that checks, credit cards, debit cards and cash remain available, so bitcoin is an optional method.
“Government must keep up with the times and the needs of the people we serve,” Fernandez said, according to CBS Miami. Bitcoin Magazine noted that its report mentioned no board or commission vote; the change was announced by the Tax Collector’s office in a statement on its website.
Track the market yourself with AiTraderView’s FREE tools: Crypto Cockpit for charts and 75+ indicators, Crypto Screener to find setups, and Crypto Portfolio to follow your holdings. Just create a FREE account and try them yourself!
Sources:
⚠️ RISK WARNING & AI DISCLOSURE
- This information is generated by Artificial Intelligence (AI) and complex algorithms. While advanced, these systems can contain errors or inaccuracies and are for educational purposes only.
- Technical analysis provides no guarantees; this information is purely informative.
- All discussed scenarios are hypothetical and do not constitute predictions or expectations.
- Past performance is not an indicator of future results.
- This is not financial advice and is not intended as a call-to-action for the reader.
- No implicit direction is claimed, and no specific behavior of market participants is suggested.