Miami Mayor Says Plan Advancing To Pay City Employees In Bitcoin

Miami Mayor Says Plan Advancing To Pay City Employees In Bitcoin

Miami will issue a request for proposal this month to help create the BTC payment mechanism.Miami Mayor Francis Suarez told Bloomberg that paying government employees in bitcoin is a “major priority” for the city.“I want us to differentiate ourselves as a crypto capital of the United States or of the world,” Suarez said in an interview.A similar proposal was first pushed in February but has since stalled.Miami’s top priority at the moment is enabling bitcoin as a payment option for government employee salaries and citizens’ taxes and fees, mayor Francis Suarez said in an interview with....


Related News

Miami’s Mayor Considers Putting Some of City’s Treasury Reserves in Bitcoin

Miami Mayor Francis Suarez is exploring putting a percentage of his city’s treasury reserves in bitcoin. Miami is currently working on accepting the cryptocurrency as a means of payment for city services and taxes. The mayor believes that “Bitcoin has been a stable investment during an incredibly unstable year.” Miami Could Invest Some of City’s Treasury Reserves in Bitcoin Francis Suarez, the mayor of the U.S. city of Miami, Florida, has been discussing with the crypto community about putting a small percentage of the city’s treasury reserves in bitcoin. The....

Mayor Says MiamiCoin Has Generated $8 Million In Revenue For The City

The mayor of Miami, Francis Suarez has revealed that the city has so far generated over $8 million from its partnership with CitycOINS. The city had taken a plunge into crypto with the creation of its very own coin named after the city, and the mayor said that the move had been a “game-changer” for […]

Miami Mayor Says City Will Give Every Citizen Bitcoin Dividends

Miami Mayor Francis Suarez is a big supporter of Bitcoin, recently telling FOX Business that he would be taking his salary in BTC. He’s also making it more attractive for citizens of Miami to get involved in the cryptocurrency by promising to be “the first city in America” to give a BTC yield paid out […]

Miami mayor aiming for 'the most progressive crypto laws'

“We want to make sure that we believe that if all things are equal, we win," said Mayor Francis Suarez. Francis Suarez, who has served as the mayor of Miami since 2017, wants to make the city the most attractive in the United States for those in the crypto and blockchain industry.In an interview with Forbes published Sunday, Suarez said lawmakers in Miami were looking into the policies of crypto-friendly areas like Wyoming and New York in an effort to promote regulatory incentives for crypto and blockchain in Florida. “[Miami is] making sure that we have the most progressive crypto laws,”....

New York Mayor-Elect Will Take Bitcoin For First Three Paychecks

Eric Adams, the new mayor of the city of New York, has once again publicly shown support for bitcoin. The mayor has long been in support of the cryptocurrency, saying he wanted to make New York the bitcoin capital of the country. His most recent show of support has only reiterated the mayor’s plan for the city. Mayor Adams responded to a tweet from Francis Suarez, the mayor of Miami famous for making the city a crypto hub. Apparently, New York is in a race to make the city the cryptocurrency center for innovation over the city of Miami. Related Reading | Ethereum Miner Revenue....