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Miami
Biden Administration to Release Executive Order on Crypto as Early as February
The White House is reportedly readying an executive order for release as soon as next month that will outline a comprehensive government strategy on cryptocurrencies, asking federal agencies to determine their risks and opportunities. CoinDesk’s Nikhilesh De discusses what we know so far and what this means for crypto.
Could NYC Be the Next Crypto Hub?
New York City mayor Eric Adams' crypto ambitions have sent the city racing against Miami to become the next center of the digital asset industry. Muneeb Ali, co-founder of proof-of-transfer blockchain Stacks that runs parallel to the Bitcoin network, and CEO of Hiro, which has helped developed NYCCoin, shares insights into crypto in NYC and beyond.
What Is CityCoins and How Does It Work?
Miami and New York are among the first cities to receive their own CityCoins designed to benefit local citizens, but how do CityCoins work? Freehold CEO and CityCoins Community Lead Patrick Stanley breaks down the CityCoins program amid the rise of local city tokens.
Makara CEO: Bitcoin's Pullback a 'Natural, Healthy Movement in the Market'
Jesse Proudman, CEO of crypto investment advisor Makara, discusses his bitcoin analysis as it retreats from an all-time-high near $69,000. The pullback is a "natural, healthy movement in the market as we continue to move up," Proudman said. Plus, his views on bitcoin as an inflation hedge, buying trends to watch among investors, and reactions to Miami Mayor Francis Suarez's crypto ambitions for the city.
Miami Creating Digital Wallets, Giving Bitcoin Yield as Dividend to Residents, Says Mayor Francis Suarez
Pro-crypto Miami Mayor Francis Suarez shares insights into the city’s crypto ambitions as its MiamiCoin program has already generated some $20 million in less than three months. Suarez told CoinDesk for the first time, Miami will be the “first city in America to give a bitcoin yield as a dividend directly toward residents.”
Miami Mayor Francis Suarez Explains City-Based Cryptocurrency MiamiCoin
MiamiCoin (MIA), listed exclusively on crypto exchange OkCoin, is the first CityCoin. It's a way to support the crypto-friendly city of Miami by holding its coin and potentially helping raise funds. CityCoins are built on Stacks, an open-source network of decentralized apps and smart contracts for the Bitcoin blockchain. Pro-innovation Miami Mayor Francis Suarez discusses the details, how it claims to offer up to 430% APY, and what it means for the Magic City.
eToro Exec: 'Crypto Is a Global Phenomenon'
Bitcoin is up 50% over three weeks on the back of strong institutional and retail demand. eToro US Managing Director Guy Hirsch discusses his long-term bullish assessment of bitcoin despite some suggesting the U.S. Senate's $1 trillion infrastructure bill could be bearish for crypto. "Crypto is a global phenomenon," Hirsch said. "Even if the world's only superpower, the U.S., is taking some adverse measures against the industry... this is a global market, and overall, things are looking optimistic." Plus, the latest with eToro's expansion in Miami.