Francis Suarez, the crypto-friendly mayor of the city of Miami, may have further cemented his status as a cryptocurrency proponent. Appearing on the CNBC Squawk Box program, Suarez revealed that he owns both Bitcoin (BTC) and Ether (ETH). "I own #bitcoin and I own #ethereum," says @FrancisSuarez. "I haven't bought the dip yet but I'm planning to. I've just been too busy." pic.twitter.com/xdKpghIRR5 — Squawk Box (@SquawkCNBC) June 3, 2021 According to Suarez, he bought BTC and ETH immediately after the United States Senate passed the $1.9-trillion stimulus bill for further COVID-19 relief back in early March. For Suarez, the …

Borderless Capital’s support for Algorand-based development has taken another incremental turn with the venture capital firm launching a new $25 million fund in Miami. In an announcement on Wednesday, the investment firm stated that the $25 million fund will focus on supporting blockchain startups in the city of Miami. Dubbed the Borderless.Miami Fund, the VC firm is joined by stablecoin issuer Circle to foster the growth of digital payment and digital capital market development in Miami. Apart from direct investments in blockchain startups, Borderless Capital is also seeking to launch the Algorand Miami Accelerator. Algorand accelerator programs in Europe and …

The Bitcoin 2021 conference in Miami has been touted as the largest Bitcoin event in crypto history, with organizers expecting a huge turnout. The event, running for three days from June 3 at the Mana Convention Center in Miami’s Wynwood neighborhood, will play host to a number of industry executives and personalities. Crypto luminaries scheduled for attendance include former congressman Ron Paul, MicroStrategy CEO Michael Saylor, pro-crypto Wyoming Senator Cynthia Lummis, Square co-founder Jack Dorsey and cryptographer Nick Szabo, among others. The organizers are expecting more than 50,000 attendees, according to a Fox Business report. Miami has emerged as a …

Luxury Miami apartment Arte Surfside will now accept cryptocurrency as a form of payment for its remaining luxury residences — including the Villa Nove penthouse, currently listed for $38 million. The firm has partnered with trading platform SolidBlock, allowing potential buyers to pay in multiple cryptocurrencies, including Bitcoin and Ether. The region’s “most exclusive” condominium is already home to Ivanka Trump and Jared Kushner, as well as fashion blogger Arielle Charnas from Something Navy. It’s now attempting to appeal to crypto millionaires and billionaires attracted by Miami's Bitcoin-friendly reputation. According to the announcement, the cheapest condo available starts at $10.3 …

Jackson, Tennessee is the latest city in the United States moving to adopt Bitcoin (BTC) payments and mining, following recent crypto developments in Florida. Jackson Mayor Scott Conger announced Wednesday that the city is actively exploring the option to pay its employees in cryptocurrency in addition to mining Bitcoin and adding it on the city’s balance sheet. The mayor hinted that the city is looking to enable payrolls in several digital assets, mentioning coins like Bitcoin, Ether (ETH), and Litecoin (LTC). “Local government will lead the way in #Bitcoin adoption, and along with it, usher in a new industrial revolution …

A Miami-Dade County commissioner is backing a new resolution to allow residents to use cryptocurrencies like Bitcoin (BTC) to pay local taxes. According to a Thursday document acquired by the Miami New Times, County Commissioner Cohen Higgins has brought a resolution to Miami-Dade’s Infrastructure, Operations and Innovations Committee calling for the establishment of a 13-member crypto task force. The task force would examine the feasibility of allowing residents to pay their county taxes, as well as pay for fees and services, using digital currencies including Bitcoin, Ether (ETH) and Litecoin (LTC). According to the document, crypto payments have the “potential …

A nightclub in Miami is set to return from a COVID-19-related shutdown of over a year by accepting Bitcoin (BTC) and other cryptocurrencies as a form of payment. Luxury nightclub E11even Miami announced Tuesday that it will soon start accepting cryptocurrency as payment for tables, drinks, merchandise and other services. According to the official announcement, the list of supported cryptocurrencies will include Bitcoin, Bitcoin Cash (BCH), XRP and Dogecoin (DOGE). In order to provide the new payment method, E11even has partnered with a major cryptocurrency processing company, but did not specify the name of the payment processor. “With the tremendous …

Nearly 100 characters from the popular crypto-collectibles project CryptoPunks will be displayed across bus shelters and billboards in Miami for one month from April 12. The showcase will be hosted by nonprofit art organization SaveArtSpace as part of its exhibition “Pixelated” — a month-long city-wide public art exhibition that will take over the streets of Miami for the first time this year. In addition to the 96 characters that will be on display across the city, the popular nonfungible tokens will also be displayed during the event as part of a pop-up exhibition of CryptoPunks in partnership with art equipment …

The majority of Bitcoin (BTC) is mined outside of the United States using “dirty energy,” Miami Mayor Francis Suarez has claimed. Suarez discussed the environmental implications of Bitcoin mining in a March 26 episode of the Unconfirmed podcast with cryptocurrency journalist Laura Shin. The mayor said that the U.S. should mine more Bitcoin for to national security reasons. “A part of the problem with Bitcoin is 90% of it is not done in the United States. 90% of it is done in countries that have dirty energy. So that’s the reason why it’s considered to be a dirty activity,” Suarez …

Francis Xavier Suarez, the mayor of Miami and a firm Bitcoin (BTC) proponent, will appear for a 30-minute fireside chat on Blockchain & Booze this evening. The episode, hosted by Adam Levy of blockchain venture studio and fund Draper Goren Holm and streamed live from Cointelegraph’s Twitter account, will explore Miami’s emerging status as a global crypto hub, in addition to Suarez’s civic leadership responsibilities. The chat will be followed by a half-hour-long AMA with guests from across the crypto industry. Suarez attracted the attention of the crypto industry in January after Miami became the first municipal government to host …

Miami Mayor Francis Suarez has proposed an official resolution that would see Bitcoin (BTC) become an acceptable payment instrument in various parts of the city's administration. Announcing the news on Twitter, the Mayor said that the city commission has supported the resolution, and is now taking next steps: “I wanna thank the city of Miami commissioners for supporting my resolution, which directs a city manager after analysis to procure a vendor to be able to offer our employees to get a percentage of their salary in Bitcoin; allows our residents to pay for fees in Bitcoin.” The resolution would also …

Francis Suarez, who has served as the mayor of Miami since 2017, wants to make the city the most attractive in the United States for those in the crypto and blockchain industry. In an interview with Forbes published Sunday, Suarez said lawmakers in Miami were looking into the policies of crypto-friendly areas like Wyoming and New York in an effort to promote regulatory incentives for crypto and blockchain in Florida. “[Miami is] making sure that we have the most progressive crypto laws,” said Suarez. “We want to make sure that we believe that if all things are equal, we win. …