Miami Mayor Seeks Wider Crypto Use After Taking Pay in Bitcoin

Miami Mayor Francis Suarez, who said earlier last month he would take his next paycheck “100% in Bitcoin,” is seeking to expand the use of cryptocurrency across the city.

Residents would be able to pay fees and taxes in Bitcoin, and multiple employees will also get their salaries in the digital currency, Suarez said in a Bloomberg Television interview.

“For any city to survive and thrive, we need a knowledge-based economy,” he said.

The focus on cryptocurrency is part of a pivot toward the tech sector in the city, where the mayor is trying to draw more companies to ...