Francis Suarez, who has served equally the mayor of Miami since 2022, has said he'southward going to take his side by side paycheck in Bitcoin.

In a Tuesday Twitter mail, Suarez said he aimed to be the first United States lawmaker at the state or federal level to accept part of his bacon in Bitcoin (BTC). Public records evidence the Miami mayor's salary was $97,000 annually between 2022 and 2022, meaning he would receive a monthly paycheck of more than than $8,000 or 0.xiii BTC at a cost of $63,404, assuming residents did not vote to increment his compensation for public service. Suarez said that he would prefer to use an app like Bitwage or Strike rather than have the local government get through the effort to convert his fiat paycheck into crypto.

The proclamation came the forenoon of Election 24-hour interval in the Us. Though many positions for federal office will not be open up until the 2022 midterms, local and statewide offices, including that of Miami's mayor, will be put to a vote. Suarez is the frontrunner among six nonpartisan candidates.

Mayor Suarez, who said he owns both BTC and Ether (ETH), has been vocal about his intentions to plow Miami into a crypto hub with the "the most progressive crypto laws" in the United States. Many businesses and events in the crypto infinite accept flocked to the area, including the Bitcoin 2022 conference in June. Venture capital firm Borderless Capital is launching a $25-million fund to support blockchain startups based in the city.

Related: Civic appointment and crypto: Miami unveils its ain digital coin

A few mayors in other U.Due south. cities have also been pushing for crypto adoption or otherwise support digital avails in policy or practice. In August, Mayor Jayson Stewart of Absurd Valley, Missouri proposed giving abroad more than $ane million in BTC to the city's roughly ane,500 residents. Eric Adams, running to exist the mayor of New York Metropolis, has also said he plans to make the urban center "the center of Bitcoins." Adams is also on the ballot on November. 2.