Miami Mayor Francis Suarez reportedly wants to make the Magic City into the United States’ most attractive cryptocurrency industry hub. In an interview with Forbes, Suarez said that lawmakers in the city 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 said. “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,” the mayor said.
Lawmakers are examining policies of crypto-friendly cities.
Miami’s lawmakers are reportedly examining the policies of crypto-friendly areas like Wyoming and New York with the intention of creating regulations that are similarly supportive for the crypto and blockchain industry 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 explained.” While Miami’s mayor hopes that the crypto industry will continue to grow in Miami specifically, he also said that “every city in America and in the world should be trying to grow its technology ecosystem,” Suarez said.
Miami mayor supports cryptocurrencies.
As reported earlier, Miami mayor Francis Suarez is the latest high-profile figure to praise Bitcoin, offering more evidence that mainstream adoption is growing. The mayor called Bitcoin a “stable investment” during an “incredibly unstable year,” adding that he’s learning about the flagship digital asset through figures like Tyler Winklevoss and Anthony Pompliano. Winklevoss and Pompliano both responded to Suarez’s tweet. Gemini co-founder Tyler Winklevoss said he and his brother Cameron would bring the Miami mayor a “signed copy of Bitcoin Billionaires,” a book written about the twins, while Pompliano touted Miami as a future Bitcoin city.