Further, the city is looking at possibly paying its employees with the digital currency as well. The resolution would also “encourage the Florida state legislature to pass laws to allow Miami to invest some of its treasury in bitcoin.”
Estimated reading time: 0 minutes, 22 seconds
Miami Mayor Considering Collecting Taxes, Paying Employees in BTC
Francis Suarez, Miami’s mayor, has thrown his support behind a plan to study the feasibility of allowing city-dwellers to pay fees and taxes in Bitcoin. So reports Fox Business.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-