Miami Mayor explores idea to put 1% treasury reserves into Bitcoin

Francis Suarez, Mayor of Miami said that he was “definitely open to exploring” new resident Anthony Pompliano’s suggestion of allocating “1% of the city’s treasury reserves in Bitcoin.” He also mentioned that Florida’s Chief Financial Officer, Jimmy Patronis was “forward-thinking” about blockchain and crypto technology. Suarez said this in response to the CFO’s tweet that […]

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