Miami Mayor Francis Suarez noted that cryptocurrency has presented an opportunity for his city to lean into innovation and has put itself on the map as a major technological hub in America.
started the week trading down around $46,000, after gaining over the weekend ahead of the Bitcoin 2022 conference in Miami this week, which Suarez noted is "the largest crypto conference in the world."
"We are going to have 50,000 attendees and it’s going to be an economic development boom for our city, creating thousands of jobs and millions of dollars in economic incentives for our city," the Miami mayor told hostWhen Bartiromo asked Suarez why crypto has been important in terms of instituting it as part of the Miami economy, he responded by noting that "it’s part of our transitional brand from a city that was a great place to visit, a great place to retire, to what...
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