Miami-Dade property owners can now pay their property taxes with Bitcoin, tax collector says

Property owners in Miami-Dade can now pay their property taxes using Bitcoin, both online and in person, the county's Tax Collector Dariel Fernandez announced on Monday. According to Fernandez, the new digital payment system will allow taxpayers to pay their tax bills through supported cryptocurrency exchange accounts or digital wallets, with every transaction automatically converted to U.S. dollars before the funds reach county accounts. County officials emphasized that the Tax Collector's Office will not hold, invest in, or manage any cryptocurrency directly, thereby protecting public funds from the unpredictability of the crypto market. Under the new setup, property owners who select the cryptocurrency option can connect a supported digital wallet or exchange account during online checkout or request the method when paying in person at the Tax Collector's Office.A third-party conversion system converts the digital currency into dollars at the time of payment. That conversion ensures