Miami Mayor Francis Suarez stated in an interview with Bloomberg that Miami’s top priority right now is to include Bitcoin (BTC) as a payment option for government employees’ salaries and citizens’ various taxes and fees.
According to Suarez’s statement, a formal proposal will be made this month to implement this plan. If the offer is accepted, Miami city residents will be able to pay taxes and fees in Bitcoin.
Speaking to Bloomberg’s Emily Chang, Suarez made remarkable statements:
Suarez has made similar initiatives before. The president, who wanted to incorporate Bitcoin into Miami’s operations, had also received support from city commissioners. This proposal by Suarez included a series of schemes aimed at allowing citizens to pay property taxes and employees to receive compensation in Bitcoin.
Suarez faces a number of hurdles as Florida statute does not allow Miami to own Bitcoin.
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