Florida Governor supports digital asset adoption

His budget recommendation last month included $200 000 to run a pilot program

06.02.2022 - 07:10

1 min

What’s new? Florida Governor Ron DeSantis continues to support a pilot program that would allow businesses in the state to pay state fees in cryptocurrency. His budget recommendation last month included $200 000 to run the pilot program. This is reported by The Daily Hodl.

Information on The Daily Hodl website

What does DeSantis say? From his perspective, Miami Mayor Francis Suarez has done his best to make the city cryptocurrency-friendly. During a recent press conference announcing his recommended budget, DeSantis said:

“Our view at the state government is that we welcome digital assets. We always want Florida to be ahead of the curve, and we see the potential for cryptocurrency adoption, so it makes sense to offer the option to pay state fees in cryptocurrency – regardless of how much it fluctuates in an arbitrary time period.”

What events preceded it? In 2021, during a speech in Tallahassee, DeSantis focused on blockchain technology. Florida’s Governor explained that the state intends to launch pilot programs that will tie distributed ledger technology to government entities, such as Florida Highway Safety and Motor Vehicles, and Medicaid payments.

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