Home Crypto News Wanna Start a Crypto Business? Consider Miami, Says Mayor Francis Suarez

Wanna Start a Crypto Business? Consider Miami, Says Mayor Francis Suarez

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Miami Mayor Francis Suarez reportedly desires to make the Magic City into the United States’ most tasty cryptocurrency trade hub. In an interview with Forbes, Suarez stated that lawmakers within the metropolis are “making sure that we have the most progressive crypto laws.”

“We want to make sure that we believe that if all things are equal, we win,” he stated. “So, we just want to equalize the playing field. We want to make sure that nobody has an advantage over us based on laws that are easily changeable.”

“Every City in America and in the World Should Be Trying to Grow Its Technology Ecosystem.”

The metropolis’s lawmakers are reportedly analyzing the insurance policies of crypto-friendly areas like Wyoming and New York with the intention of making rules which are equally supportive for the crypto and blockchain trade in Florida.

“We’re working on making sure that our incentives are in place and that our legislation promotes crypto and blockchain and is forward-thinking,” Suarez defined.

While Suarez hopes that the crypto trade will proceed to develop in Miami particularly, he additionally stated that “every city in America and in the world should be trying to grow its technology ecosystem,” Suarez stated.

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Suarez has turn out to be more and more vocal along with his help of blockchain and cryptocurrency in latest weeks. Earlier this month, Suarez stated that metropolis workers ought to have the precise to have the ability to take their salaries in Bitcoin in the event that they select; he additional advised that Miami residents ought to be capable of pay their municipal charges and taxes utilizing Bitcoin and different cryptocurrencies. Suarez additionally proposed investing among the metropolis’s treasury into Bitcoin.

Francis Suarez, Mayor of Miami, Florida.

“We Want to Make Sure That There Is No City or State That Has More Favorable Laws and Regulations.”

His outspoken help of the crypto trade has not gone unnoticed. Suarez met with Gemini alternate Co-founders, Cameron and Tyler Winklevoss earlier this month, prompting the latter brother to say that Suarez is “leading the way for governments and Bitcoin.”

Additionally, the Bitcoin 2021 convention introduced final week that it will be shifting its location from Los Angeles to Miami. The convention is scheduled to happen in June.

Furthermore, Suarez instructed CoinDesk final week that “we’re excited to be a trend‑setting city at the forefront of crypto and blockchain technology.”

“We want to make sure that there is no city or state that has more favorable laws and regulations.”

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