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Is Austin the next US crypto hub? Officials approve blockchain resolutions

Published 03/27/2022, 05:17 PM
Updated 03/28/2022, 07:40 PM
© Reuters.

Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part 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 paycheck in Bitcoin (BTC) in January this year.

Image from Austin city council meeting on March 24, 2022. Source: Austintexas.gov
ATX DAO community manager, Ryan Harvey commenting at the March 24 city council meeting. Source: Austintexas.gov
CityCoins community member presenting at ETH Austin. Photo Credit: Rachel Wolfson

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