The Town of Innisfil was already catching praise for its use of a ride-sharing transit service, now it is the first to get behind cryptocurrency.
Innisfil Council voted yay on forming an agreement with Toronto-based Coinberry, which will provide the service allowing property taxes to be paid via bitcoin.
“Once again, we are proud to be first in taking this bold step by offering this new, exciting payment option to our residents,” said Innisfil Mayor Lynn Dollin. “There’s no doubt that cryptocurrency is growing in usage and popularity. By getting into this now, we are making sure our municipality is ahead of the game, and signalling to the world that we truly are a future-ready and innovative community.”
Starting in April, residents will see new payment option on the Innisfil website, with other cryptocurrency options beyond bitcoin expected to be added soon.