Miami Could Soon Pay City Employees In Bitcoin Mayor Suarez

  • 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 Bloomberg on October 12.

The city will issue a formal request for proposal this month, according to Suarez, to help actualize the mayor’s plan. Miami will need to create the payment rails to allow city residents to pay fees and taxes in bitcoin.

“I want us to differentiate ourselves as a crypto capital of the United States or of the world,” Suarez told Bloomberg’s Emily Chang.

This story is not been edited by the Supperrb.com Staff and is auto-generated from this syndicated feed

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