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Miami Pushes Crypto With Proposal to Pay Workers in Bitcoin

  • Mayor also wants to allow residents to pay taxes with crypto
  • Miami is exploring investing funds in leading cryptocurrency
Miami Mayor Francis Suarez

Miami Mayor Francis Suarez

Photographer: Joe Raedle/Getty Images

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Miami Mayor Francis Suarez proposed paying municipal workers and collecting taxes in Bitcoin, expanding a campaign to promote cryptocurrencies.

The mayor wants to allow the City of Miami’s workers to choose to receive all or a portion of their pay in Bitcoin, according to a resolution passed by the city’s governing commission. In addition, the mayor proposed allowing people to pay all or part of property taxes or city fees in crypto.