Miami to Send “Bitcoin Yield” Directly to its Residents’ Digital Wallet, says Mayor

2021-11-13 23:26

The City of Miami is planning to soon be giving out Bitcoin wallets to its residents for their BTC yield from staking its cryptocurrency. “We’re going to be the first city in America to give a bitcoin yield as a dividend directly to its residents,” said Miami Mayor Francis Suarez in an interview this week.

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Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins […]

2021-4-17 02:30