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Miami Mayor Discloses Millions in Side Gigs

  • Miami Mayor Francis Suarez suspends his campaign for the U.S. presidency in 2024 and expresses support for a strong Republican nominee. Suarez, known for his crypto-friendly stance, announced the end of his campaign after failing to qualify for the first party debate.
  • As mayor of Miami, Suarez gained attention for accepting Bitcoin as part of his paychecks and supporting the MiamiCoin project. His openness to cryptocurrency distinguishes him as one of the few crypto-friendly candidates in the 2024 election.
  • Florida Governor Ron DeSantis trails behind former President Donald Trump in the Republican nomination for president. The 2024 elections have implications for digital asset legislation, as the control of Senate and House seats will be decided, potentially impacting the government's approach to cryptocurrency.
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Cointelegraph broke the news in on Tuesday, August 29, 2023.
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