Following the resolution, city employees can now receive a portion or the whole of their paycheck in Bitcoin.
The government’s move arguably places Miami as the biggest Bitcoin hub in the U.S. To put the icing on the cake, city residents are also allowed to pay taxes and fees in Bitcoin.
Suarez thanks his commissioners for making Miami a “crypto-forward city.” He went further to reveal that the city could also expose its treasury reserves to Bitcoin in the future.
Continue reading on BTC Peers
Source: Cryptocurrency - investing.com
