“Miami will always strive to be ahead of the curve. Expanding the financial freedom of Miamians is the first step forward towards our modern economy,” he added.

Suarez’s efforts during the pandemic times have helped to attract several tech companies to the city. “People come here and start realizing that there’s way more tech talent than they thought,” he said.

Last month, the Miami Mayor also stated that they are exploring options to invest the city’s Treasury into Bitcoin and pay salaries in BTC.