Francis Suarez – who took up the mayor role for Miami three years ago – reportedly has desires to turn the city into the most attractive US-based area for crypto and blockchain. 

Specifically, during an interview hosted by Forbes, Suarez reportedly remarked that Miami-based regulators are in discussion regarding adjustments to the policies of crypto-friendly territories, nominally Wyoming and New York, in a bid to promote crypto-focused regulatory initiatives throughout Florida. 

“[Miami is] making sure that we have the most progressive crypto laws. We want to make sure that we believe that if all things are equal, we win. So, we just want to equalize the playing field. We want to make sure that nobody has an advantage over us based on laws that are easily changeable.” Suarez reportedly claimed. 

From Mayor Suarez’s perspective, there is no race between jurisdictional areas to win in the game of crypto regulations. Instead, he offered “kudos for being smart” to Wyoming, regarding their initiative to attract crypto entities, and believed that all US-based cities and globally should make an effort to develop its technology ecosystem. 

“We’re working on making sure that our incentives are in place and that our legislation promotes crypto and blockchain and is forward-thinking.”

The mayor has reportedly made numerous bullish remarks regarding Bitcoin (BTC) and crypto in the past weeks, including having Miami switch to BTC as a means of payment rather than US dollars. 

He further proposed letting Miami citizens use crypto as a payment method for local fees and taxes, together with suggestions to invest some of the city’s treasury into Bitcoin – an assignment he deemed “the hardest” of the three ideas.