Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees

Florida

The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests creating a department in Florida to accept state fees in cryptocurrencies.

Florida governor’s first budget for freedom includes crypto

Florida Republican Governor Ron DeSantis appears to want to allow Florida companies to pay state fees in crypto assets. Florida is increasingly known for its positive politicians about the digital currency economy, as Miami Mayor Francis Suarez has made his support for bitcoin very clear. Suarez receives part of his salary in BTC and recently announced that he plans to take a fraction of his 401k retirement plan and convert it to bitcoin.

A report published by Fortune says DeSantis has explained in recent times that he wants the Florida state government to become “crypto-friendly.” “Florida encourages cryptocurrency as a means of commerce and furthering Florida’s attractiveness to businesses and economic growth,” DeSantis wrote in Florida’s 2022-23 budget proposal.

During his speech in Tallahassee, DeSantis discussed the use of blockchain pilots to strengthen state-run departments

DeSantis also spoke about the budget proposal in a speech Thursday in Tallahassee. “Our point of view as a state government is that this is something that we welcome and we want to make sure that the state government is crypto-friendly,” said the Governor of Florida. In addition to Miami Mayor Francis Suarez, crypto firms like Blockchain.com, Etoro, and FTX are established in Florida and Miami.

During his speech in Tallahassee, DeSantis also discussed blockchain technology. The Florida governor explained that the state aims to launch pilot programs that tether distributed ledger technology to state-operated entities like Florida Highway Safety and Motor Vehicles, and Medicaid payments. While DeSantis has officially launched his bid for reelection as the state’s governor, there are rumors DeSantis may run for president of the United States in 2024.

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