Ron DeSantis wants to ensure that his state is receptive to Bitcoin and cryptocurrencies.
Florida Governor Ron DeSantis is said to have proposed strategies to make his state more welcoming to Bitcoin innovation. The governor’s action provides Miami Mayor Francis Suarez with state-level help, in addition to earlier county-level assistance.
Among other cryptocurrency-related initiatives contained in the state’s budget for next year, DeSantis presented an approach that would allow companies in Florida to pay state fees in bitcoin and cryptocurrencies. Ron DeSantis said:
“Our view as the state government is this is something that we welcome and we want to make sure that the state government is crypto-friendly,”
The measure is designed to entice further Bitcoin investment to Florida. This year has experienced an inflow of associated entrepreneurs and enterprises, as fresh advancements and welcoming politicians have plugged into the Bitcoin story. Suarez spearheaded these efforts, calling for friendlier legislation and unique city-level improvements to foster the growth of Bitcoin-related innovation.
Suarez originally advocated incorporating Bitcoin into Miami‘s operations earlier this year. Residents would be able to pay city fees and property taxes in bitcoin, and city personnel would be compensated in bitcoin, according to the resolution. The idea also included the intention of allowing Miami to keep BTC. Later, the mayor gained backing from Miami-Dade County for the formation of a cryptocurrency task group to investigate the possibility of similar developments at the county level.
Ron DeSantis is the most recent Florida official to express an interest in accepting bitcoin payments. Miami’s chances of adopting the required legislation may increase as a result of state-level support, as most initiatives have subsequently stagnated. Suarez announced in October that his idea to pay city staff with bitcoin was moving forward. Nonetheless, the mayor sought an alternative and used the Lightning payments app Strike to get a BTC paycheck due to the lack of progress in that area.
While changes and advances in local, county, and state laws have yet to materialize, the media around Bitcoin’s promises and enthusiasm has drawn businesses, enthusiasts, and conferences to Ron DeSantis’s state. That is the first stage, as policymakers continue to struggle to understand the peer-to-peer monetary network.