Miami Mayor Says Plan Advancing to Pay City Employees in Bitcoin

Miami Mayor Francis Suarez said it’s “a major priority” for the city to be able to pay government employees in Bitcoin. “I want us to differentiate ourselves as a crypto capital of the United States or of the world,” Suarez said Tuesday in an interview with Bloomberg Technology’s Emily Chang.

Miami will issue a request for proposal this month to help create that payment mechanism, and to let city residents pay fees -- and potentially even taxes -- in Bitcoin.