MiamiCoin, a cryptocurrency built for Miami, is down more than 90% since its launch in 2021, which has given rise to regulatory concerns, according to a Quartz report. MiamiCoin was developed by CityCoins — which is also working on creating cryptocurrencies for other cities in the U.S. like New York. The project received appreciation and…
The Governor of Florida, Ron DeSantis, has said that he’s working on the possibility of businesses within the state paying their taxes in crypto. Florida to embrace crypto payments for taxes This revelation was made at a recent conference where the Governor stated that Florida should be willing to accept crypto payment if a business…
New York City’s new mayor, Eric Adams, has taken a bold step to fulfill one of his promises as he is set to take his first paycheck in Bitcoin, according to available information. The Mayor, in November last year, had promised to take his first three paychecks in office as a Mayor in crypto. Mayor…