Tuesday, December 7, 2021
Home Crypto News Market Miami Mayor Francis Suarez Plans To Receive Salary In Bitcoin

Miami Mayor Francis Suarez Plans To Receive Salary In Bitcoin

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Miami Mayor Francis Suarez announced plans to become the first politician in the United States to receive a salary entirely in Bitcoin.


 

 

Suarez added that he would prefer to use Bitwage or Strike apps to convert salaries from fiat to the first cryptocurrency.

 

Suarez has served as Mayor of Miami since 2017. In March 2021, he spoke about his desire to make the city a center for bitcoin mining.

Miami BTC plans also include the ability to pay city employees’ wages in Bitcoin.

Miami has introduced its own cryptocurrency Miami Coin (MIA) on August 3, which officials say will help the city generate revenue and expand its economy.

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Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Ammara authored more than 1,000 stories for TheCryptoBasic, CryptoComes and other fintech media outlets. She is particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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