Miami will allow the payment of taxes in crypto

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Miami will allow the payment of taxes in crypto

The Miami Mayor Francis Suarez has launched the project on a technical level to allow citizens to pay local taxes with the King of cryptocurrencies. In October, legal procedures will be filed to turn Miami into the first major US city to accept BTC as payment of local taxes. In the proposal, the possibility of paying employees in BTC is also being considered. To undertake an innovative path of this caliber, there will be not a few knots to undo and it will take time.

Suarez announced his intentions at a time when the BTC market it is going through a phase of growth. It is an important step considering that, in general, the world of politics supports very little cryptocurrencies, which have always been seen as a threat to state control. Suarez thinks differently from other politicians: he considers the Bitcoin network as the most reliable, secure and verifiable in circulation.

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