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Mayor Of Miami Hints At The City Looking Into Crypto Payment Options For Residents In 2021

Emily Mason

Summary: Mayor of Miami Frances Suarez stated he was open to exploring putting 1% of the city's treasury reserves in Bitcoin in a recent tweet. The statement from Suarez was in response to crypto influencer Anthony Pompliano asking followers if they would consider moving to Miami if the city put 1% of its treasury reserves in ...

Mayor of Miami Frances Suarez stated he was open to exploring putting 1% of the city's treasury reserves in Bitcoin in a recent tweet.

The statement from Suarez was in response to crypto influencer Anthony Pompliano asking followers if they would consider moving to Miami if the city put 1% of its treasury reserves in Bitcoin. 

Another follower responded to the thread suggesting the city accept Bitcoin as a means for citizens to pay for services or bills. Suarez responded that the city will "definitely be working on that in 2021."

By Emily Mason

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