(Scoop News Group) Crypto’s crash tamped down mayors’ hype, but cities are still chasing it Bitcoin has lost half its value, but many cities are still looking to embrace cryptocurrency, even if there's not really a good use for it. Jun 7, 2022 By Benjamin Freed
City of Miami Commissioner Ken Russell (left) listens during a public hearing at Miami City Hall on on July 12, 2018 in Miami, Florida. (Joe Raedle / Getty Images) Miami commissioners claim ‘basic’ understanding of MiamiCoin Miami is spending millions on a new rental assistance program, but the funding source, MiamiCoin, is only vaguely understood by city leaders. Mar 3, 2022 By Ryan Johnston
People enjoy themselves at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami. (Joe Raedle / Getty Images) Flush with cryptocurrency, Miami wants to give every resident some bitcoin Miami Mayor Francis Suarez said the city will partner with cryptocurrency exchanges to provide residents with digital wallets. Nov 12, 2021 By Ryan Johnston
(Getty Images) MiamiCoin creator says ‘every startup city’ will get a coin within two years CityCoins founder Patrick Stanley said he's planning to expand to new locations. Sep 21, 2021 By Ryan Johnston
Miami Mayor Francis Suarez is an outspoken cryptocurrency proponent. (Alex Wong / Getty Images) Miami has a new source of income: cryptocurrency Commissioners voted to allow the city to dip into proceeds of the cryptocurrency, which so far total $4.3 million in value. Sep 13, 2021 By Ryan Johnston