President Biden is gearing up to issue an executive action to develop an initial government-wide strategy for digital assets within a matter of days that will put the White House at the central role in dealing with efforts to regulate the $2 trillion booming sector.
DeSantis said he's hoping to make Florida "crypto-friendly"
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Florida Governor Ron DeSantis (R) is proposing a pilot program that would allow businesses to pay state fees in cryptocurrency, utilizing his budget proposal to make the Sunshine State a more friendly state toward the evolving digital currency.
Miami Mayor Francis Suarez announced that he would take his “next paycheck 100% in Bitcoin,” aiming to be the first lawmaker at the state or federal level to accept part of his salary in digital currency.
Sen. Ted Cruz (R-TX) slammed his fellow colleagues for attempting to enforce “harmful regulations” on cryptocurrencies within the $1.2 trillion bipartisan infrastructure bill, an industry he argued that less than a handful have the knowledge to define “what in the hell a cryptocurrency is.”
Former President Trump launched his harsh attack on cryptocurrency Monday, calling Bitcoin a “scam against the dollar” and urged U.S. regulators to take action to monitor the hype.
