TL; Fault DR
- The mayor of Tampa will accept his rights to Bitcoin.
- He announced the news at the Bitcoin and China Block Summit.
- Bitcoin continues to grow after the new ATH is hired.
With the growing popularity of crypto, individuals and entities are now moving towards balancing their various digital assets. Tampa Bay Mayor Jane Castor has announced that she will accept her rights to Bitcoin, a leading digital asset. In a statement to news agencies, he made the remarks in a statement at the Bitcoin-China Block Summit in Florida. Speaking on the second day of the summit at the Amalie Arena, Kaster said Tampa’s salary would now be paid in cryptography.
Announcement at the Florida Event
According to the collected reports, the mayor’s bitcoin payments are made under the supervision of Celsius Network, one of the largest digital currencies in the market.
The news came after Anthony Pompliano, the acclaimed evangelist of Bitcoin, announced that the list of mayors who choose to receive their legal checks in digital assets has now reached four. In a statement, Pompliano asked U.S. residents whose mayor did not board the train to ask if they were interested in property or not.
The decision came after Miami Mayor Francis Suarez announced that he would receive part of his salary in Bitcoin. With it, Suarez became the first politician across the United States to receive at least part of his salary in digital assets. Recently, New York Mayor Eric Adams also announced that the first three checks of his tenure in digital assets will be paid.
Bitcoin touches ATH amid widespread acclaim
Francis Suarez and Adams have long been supporters of crypto, and both mayors are showing signs of creating cryptographic hubs across their cities. After confirming his choice, Adams told residents he wanted the city to be known as the center of the crypto sector.
“Everything is big across New York, and as a result, I will be accepting bitcoin payments for my first three checks as mayor of New York,” Adams wrote on Twitter.
He also made the city the fastest growing center of digital currencies and other innovations of his time. Although leading digital assets fluctuated throughout the year, digital assets reached a new high late last month.
The asset is currently trading at well above $ 60,000, with much of its price success attributed to its widespread acceptance by regulators around the world. Not only regulators, investors and individuals are putting their weight behind this asset, as they are now trying to reflect price movements late last year.