Miami Mayor Gets Salary In Bitcoin, Know More

Miami Mayor Receives Salary In Bitcoin, Know More

January 21, 2023 Story: Mohd Javed

Miami Mayor Francis Suarez has recently revealed that he receives his monthly in cryptocurrencies.

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Speaking to CNBC on a Squawk Box, President of the United States Conference of Mayors said he still purchases Bitcoin every two weeks despite the downtrend that plagued the asset throughout last year.

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He also said that his salary has increased since he started getting his salary in Bitcoin.

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Saurez had first announced his intentions to receive salary in crypto in November 2021

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Six months before that, the Miami politician had shared his desire to make Miami a BTC mining hub.

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As part of efforts to make Miami a crypto center in the US, Miami launched its native digital asset MiamiCoin.

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Bitcoin is running at $22,987.74 after registering a jump of 8.74% jump in the past 24 hours

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