Today news
About the same in other media
Navigating CityCoins: Miami citizens to earn Bitcoin despite the city not holding crypto
Reading now: 233
Miami is quickly becoming the crypto capital of the United States. In August of this year, the Magic City was the first state in the U.S. to launch MiamiCoin (MIA), its very own cryptocurrency used for civic engagement. A few months later, Mayor Francis Suarez announced that every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend.
While such a proposal would make Miami the first city in America to provide a Bitcoin (BTC) yield to its residents, Mayor Suarez told Cointelegraph that the City of Miami does not actually own or hold MiamiCoin, or any cryptocurrency for that matter.
According to Suarez, CityCoins is an independent community acting in its own capacity. “CityCoins launched MiamiCoin as a way for
Read more on cointelegraph.comAbout this in other media
El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News cryptonews.com /2 years ago
Miami Mayor, Strike’s Jack Mallers discuss their take on Bitcoin as inflationary hedge ambcrypto.com /2 years ago
Soccer giant Manchester City halts a crypto deal with 3Key after online sleuths fail to find much trace of the startup markets.businessinsider.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
