Mayor Francis Suarez wants to turn Miami into Bitcoin territory

Miami might turn out to be the subsequent “Silicon Valley” for cryptocurrency corporations, as the town’s mayor plans. Francis Suárez, who has served within the place since 2017, has met with a number of key figures within the Bitcoin ecosystem in the USA, together with the Winklevoss brothers.
Tyler and Cameron Winklevoss, founders of New York change Gemini, had an interview with the mayor this week to focus on the way forward for the cryptocurrency market in Miami. A recording of the assembly was posted on Francis Suárez’s official twitter, the place the mayor prompt the chance for each entrepreneurs to arrange a Gemini most important workplace for Latin American shoppers.
The proposal could be linked by the current favorable narrative for cryptocurrencies that the Suárez authorities has fostered in Miami. The mayor acknowledged by the top of 2020 that he’s contemplating investing 1% of the town’s treasury in bitcoin. He additionally described the cryptocurrency as one of many “most secure” investments of the previous yr, as reported by CriptoNoticias.
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