Governor Ron DeSantis is utilizing his finances proposal to state legislators to attempt to make Florida extra pleasant to cryptocurrency. DeSantis’ $99.7 billion proposal launched Thursday consists of $700,000 for cryptocurrency tasks on the Division of Freeway Security and Motor Automobiles, the Company for Well being Care Administration and the Division of Monetary Companies.
“We’re going to have a program to permit Florida companies to pay state charges in cryptocurrency,” DeSantis instructed reporters on the Capitol. “I believe you’ve seen in South Florida, it’s been an enormous factor. Lots of people have flocked to South Florida over this challenge. And so, our view because the state authorities, that is one thing that we welcome. And we need to make it possible for the state authorities is crypto pleasant.”
Miami Mayor Francis Suarez has been a number one proponent of cryptocurrency, backing the launch of MiamiCoin — programmable city-based tokens — by means of CityCoins, which is predicated on Bitcoin expertise. Additionally this yr, American Airways Area in Miami was rebranded FTX after the naming rights to the world have been acquired by the cryptocurrency alternate.
Underneath DeSantis’ proposal for the 2022 legislative session, $250,000 would go to arrange a pilot program the place folks may pay motor-vehicle title certificates by means of Blockchain expertise on the Division of Freeway Security and Motor Automobiles. Additionally, $250,000 would go to the Company for Well being Take care of a separate pilot undertaking that makes use of Blockchain expertise to authenticate Medicaid transactions and determine potential Medicaid fraud.
The Division of Monetary Companies would get $200,000 to implement a cost service so companies may pay charges for incorporation with cryptocurrency to the Division of State.