Top 5 This Week

Related Posts

Miami Mayor Francis Suarez Plans To Receive Salary In Bitcoin

Market
Mark Brennan
Author: Mark Brennan
Less than 1 min.read
miami
miami

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.

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Tokenized Stocks