Home » World » Is Austin America’s Next Cryptocurrency Hub? Some Officials Pass Blockchain Resolutions By Cointelegraph

Is Austin America’s Next Cryptocurrency Hub? Some Officials Pass Blockchain Resolutions By Cointelegraph

© Reuters Is Austin America’s next crypto hub? Some Officials Pass Blockchain Resolutions

America’s innovative cities are vying to become the next cryptocurrency and blockchain adoption hot spot. Miami was the first city to adopt its own portion of CityCoins last year, allowing it to implement its own cryptocurrency called “MiamiCoin” to be used for civic engagement.

New York City has also made a name for itself as a crypto-friendly city by implementing educational initiatives and with Mayor Eric Adams receiving his salary in (BTC) in January this year.

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Austin Takes a Strong Stance More recently, Austin—the state capital of Texas that bears the motto “Keep Austin Weird”—has taken a strong interest in cryptocurrencies and blockchain technology. While Texas’ desire to lead the way in crypto innovation was set about a year ago when Governor Greg Abbott tweeted that he is a “supporter of the crypto bill,” the city of Austin has taken action. additional fees to ensure the acceptance of cryptocurrencies for city services.

Read the full article on Cointelegraph

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