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Miami-Dade County Tax Collector Dariel Fernandez said Monday his office has begun accepting bitcoin for property tax payments, both online and in person, while converting every transaction into dollars before the money reaches the county.
Fernandez announced the change in a statement on the Tax Collector’s website, calling it a way to give property owners another option without putting public funds into the asset. Payers can select a cryptocurrency option during online checkout or request it at the counter, then connect a supported exchange account or digital wallet and authorize the payment.
A third-party system converts the bitcoin into U.S. dollars at the time of payment, the…
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