Miami-Dade County, Florida Introduces Cryptocurrency Tax Acceptance Program

Golden Financial announced that the city of Miami-Dade, Florida has agreed to set up a project to study the potential acceptance of cryptocurrencies under the tax code. Beginning with Wednesday's announcement, the Cryptocurrency Commission will provide recommendations for other policies affecting cryptocurrencies, which could prove beneficial. First, the team explored how Miami-Dade might accept cryptocurrency based on tax rates, fees, and services. The task force also plans to meet with the U.S. state CryptoFed DAO (the first accredited Decentralized Autonomous Organization (DAO) in the United States) and other state lawmakers and regulators to discuss the cryptocurrency initiative and of blockchain. . (Parts office)