Florida Governor Ron DeSantis intends to give businesses the option to use cryptocurrencies to pay state fees. This follows from the recommendations for the state’s budget for the 2022/2023 fiscal year.
DeSantis proposed allocating $200,000 to the Department of Financial Services to implement crypto payments directly by the department.
“Florida encourages cryptocurrencies as a means of commerce and to promote the state’s appeal to business and economic growth,” the document says.
In the subsection “Creating a crypto-friendly Florida,” the governor also provided for funding for blockchain programs totaling $500,000.
These funds are to be split evenly between two pilot projects: vehicle registration and transaction authentication Medicaid to prevent potential fraud.
Earlier, Miami Mayor Francis Suarez said he intended to allow government employees to receive a salary in Bitcoin.
Previously, he announced the formation of a team to develop a plan for greater involvement of the city in the cryptocurrency industry, and the administration voted to study options to integrate Bitcoin into municipal infrastructure.
Authorities in Miami-Dade County have formed a group to study the possibility of paying taxes in digital assets.
Subscribe to ForkLog news on Twitter.