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CBDC-Hating, Bitcoin-Friendly Presidential Candidate Francis Suarez Drop Out of Race

Nauna nang sinabi ni Suarez na ang kanyang kampanya ay tatanggap ng mga donasyong Bitcoin at sinabi niyang ipagbabawal niya ang isang sentral na bangkong digital currency (CBDC), kung mahalal.

Miami Mayor Francis Suarez will accept bitcoin donations for his presidential campaign. (CoinDesk TV)

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Miami Mayor Francis Suarez Explains City-Based Cryptocurrency MiamiCoin

MiamiCoin (MIA), listed exclusively on crypto exchange OkCoin, is the first CityCoin. It's a way to support the crypto-friendly city of Miami by holding its coin and potentially helping raise funds. CityCoins are built on Stacks, an open-source network of decentralized apps and smart contracts for the Bitcoin blockchain. Pro-innovation Miami Mayor Francis Suarez discusses the details, how it claims to offer up to 430% APY, and what it means for the Magic City.

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