“The Hash” team discusses Miami Mayor Francis Suarez’s outlook on the fate of MiamiCoin after the private cryptocurrency designed to benefit the city sheds over 90% of its value from its all-time high.
Amid the Bitcoin 2022 conference, Miami Mayor Francis Suarez discusses his efforts to embrace crypto for the city, touching on paying employees with bitcoin and encouraging businesses to accept it for payment. Plus a conversation about MiamiCoin and if Suarez considers himself a “Bitcoin Maxi.”
MiamiCoin and NYCCoin have been in the news quite a bit lately after Mayors Francis Suarez and Eric Adams voiced support for those cryptocurrencies, the first to be launched by the platform CityCoins and its communities.
Pro crypto Miami Mayor Francis Suarez shares insights into the city’s crypto ambitions as its Miami Coin program has already generated some 20 million in less than three months Suarez told Coin Desk for the first time Miami will be the first city in America to give a bitcoin yield as a dividend directly toward [...]
Coinbase Prime, crypto exchange Coinbase’s trading platform serving institutional investors, is now introducing a way to passively earn bitcoin using the stacking feature of STX, the token used by the bitcoin-focused Stacks ecosystem.
MiamiCoin (MIA), listed exclusively on crypto exchange OkCoin, is the first CityCoin. It’s a way to support the crypto-friendly city of Miami by holding its coin and potentially helping raise funds. CityCoins are built on Stacks, an open-source network of decentralized apps and smart contracts for the Bitcoin blockchain.