09:49
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins has pushed for the invocation of a Miami-Dade digital currency task force.

A Resolution for a Cryptocurrency Task Force Has Been Submitted to an Infrastructure Committee in Miami-Dade

A few years ago at The North American Bitcoin Conference (TNABC) in Miami, Mayor Francis Suarez told the audience that he wanted the city to become a cryptocurrency and blockchain hub for innovation. Later, as digital currencies have seen fresh new price highs in 2021, Suarez has pushed for the city to hold bitcoin (BTC) in the treasury and wants to allow tax payments in BTC as well. At the time the city commissioners voted in support for the crypto infrastructure and holding the leading crypto asset in the state’s treasury as well.

Now the ability to pay Miami-Dade taxes may come to fruition in the near future. District 8 county commissioner Danielle Cohen Higgins told the news publication Miami New Times a resolution has been submitted to the city Infrastructure, Operations, and Innovations Committee. Miami New Times’ report shows the resolution hopes to invoke a 13-member cryptocurrency task force dedicated to addressing the solutions at hand. Once the group is formed they will examine the idea of residents paying taxes with bitcoin.

“The item would establish a task force that could delve into the feasibility of using cryptocurrency in Miami-Dade County, to explore any potential benefits and pitfalls that could result from its use. It is important to explore all avenues that can support an expanding tech and startup presence to benefit our economy,” Cohen Higgins said in an interview.

District 8 County Commissioner Hopes for a Tech Boom to Root Itself in South Miami-Dade County

A few years ago at The North American Bitcoin Conference (TNABC) in Miami, Mayor Francis Suarez told the audience that he wanted the city to become a cryptocurrency and blockchain hub for innovation. Later, as digital currencies have seen fresh new price highs in 2021, Suarez has pushed for the city to hold bitcoin (BTC) in the treasury and wants to allow tax payments in BTC as well. At the time the city commissioners voted in support for the crypto infrastructure and holding the leading crypto asset in the state’s treasury as well.

Now the ability to pay Miami-Dade taxes may come to fruition in the near future. District 8 county commissioner Danielle Cohen Higgins told the news publication Miami New Times a resolution has been submitted to the city Infrastructure, Operations, and Innovations Committee. Miami New Times’ report shows the resolution hopes to invoke a 13-member cryptocurrency task force dedicated to addressing the solutions at hand. Once the group is formed they will examine the idea of residents paying taxes with bitcoin.

“The item would establish a task force that could delve into the feasibility of using cryptocurrency in Miami-Dade County, to explore any potential benefits and pitfalls that could result from its use. It is important to explore all avenues that can support an expanding tech and startup presence to benefit our economy,” Cohen Higgins said in an interview.

Source: news.bitcoin.com

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Category: News | Views: 151 | Added by: 4zvezda | Tags: #Bitcoin #Bitcoin markets #BTC | Rating: 5.0/1
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