The president of Circle, Heath Tarbert, discusses the legislation on the stables and the overall landscape of the cryptocurrency on the “morning with Maria”.
The Magic City could soon be better known as “Crypto City” because some market signals have risen to the surface and now indicate a calm cryptocurrency.
“I don’t think it’s a fashion or a trend that will disappear. And I think it has enormous advantages, and I think this is done properly now,” said Ryan Shear, associate Group Group (PMG) (PMG), Ryan Shear.
“The Miami cryptography market returns quietly,” he added, “and I would attend it’s very true.”
From May, PMG has launched crypto-to-Cash payments for pre-construction condos through its Florida portfolio via the stock-up payment company on the stock market 4. The configuration allows crypto holders to invest in real estate while developers receive US dollars, aimed at filling the gap between emerging technology and traditional finance.
Bitcoin broke the price record of $ 123,000 while legislators start the “crypto week” in Washington
Another real estate project of Miami, The Rider Residences, would have completed the first cryptographic transaction of direct root portfolio in the region – entirely removing the Fiat currency of the process – roughly at the same time.
View of the roofs of the city center of Miami from the southern canal of Miami on April 5, 2021, in Miami, Florida. (Getty Images)
This comes in the middle of other signs of the Crypto momentum: the gemini of Twins Winklevoss recently opened its first Miami office in the Wynwood district before a confidential stock market introduction; Citadel, which builds its new Miami headquarters, joined Goldman Sachs to support a $ 135 million round for the Crypto Digital Asset company, as Bloomberg reported earlier that they explored cryptographic trading.
“We see a strong wave of activities of companies in technology, finance and digital innovation. Although some have started in the crypto or blockchain, many are now extending on the finchys, private capital and emerging investment platforms. They are not only presented. They are committed”, the president, the CEO and the founder of Blanca Commercial Real Estate – Bureau lease for Gemini – Tere Blanca also told Fox News Dighan Digital.
“Miami drew national attention very early for adopting Crypto, but the most interesting story is the way this early energy has become much bigger,” she continued.
The mayor of Miami, Francis Suarez, provides a perspective on cryptocurrency and how she contributed to the economy of Miami the “mornings with Maria”.
Leaving the pandemic, Miami positioned himself to be the “capital of the cryptography of the world”, the mayor creating a “miamicoin”, accepting 100% of his own salary in just crypto and making direct efforts to attract more pro-Crypto cases. From 2021 to 2023, the original stadium of Miami Heat was appointed FTX Arena.
Although FTX and Sam Bankman’s benefits have moreover have skepticism and caution throughout the industry, Shear thinks that it is all suppressed now.
“The way we borrow money, the way we structure contracts with buyers, the way lenders lend money, everyone has become smarter and safer for everyone’s benefit. No one wants to see an accident like that,” said Shear.
The mayor of Miami, Francis Suarez, says that city workers can accept Bitcoin wages because “we want our employees to be in an asset that will appreciate and hide against inflation”.
“The way we created Shift4, the reason why it took so long and the reason why we have done it carefully, and they did it carefully and the entire agents and all the legal advice we obtained, it was done with the lens of this can go south,” he explained.
It is still too early for PMG to count the number of transactions placed, but Shear says that PMG accepted 65 cryptographic transactions within the framework of their previous system and plans to go beyond these measures in the future.
Trump is ready to sign the Crypto bill of the Chandar
PMG and Shift4 encourage crypto holders to use stablecoins like USDC and USDT to start. But from centralized exchange accounts like Coinbase, you can also pay with assets like Bitcoin, Ethereum and Solana.
“As a new emerging financial instrument, I think there are a lot of people, no different from real estate or other asset classes, who want to diversify, deactivate, etc.”, noted Shear. “All we do is really create an avenue to do it in a transparent way.”
Participants pose for photos in front of Miami Bull at the Bitcoin 2022 conference. (Getty Images)
“We are deactivating the positions by telling people, hey, take part of your digital currency and why don’t you diversify it and don’t put it in real estate,” he said. “Frankly, when you take a step back, this is what many people generally do between investing in a stock market or investing in hard assets or investing in basic products. It is only another avenue. So I think that the nature of what we do is to effectively disintegrate another avenue.”
“Although we do not negotiate crypto offers ourselves,” said Blanca, “we certainly see signs of early adoption.
“But what really stands out is the way companies behind these technologies plant roots in Miami, and are ready to develop in the region. This is what stimulates a significant and long-term demand for space,” she said.
Senator Tim Scott, RS.C., joined the “mornings with Maria” to discuss President Donald Trump’s thrust to make America the “cryptographic capital” of the world while the Chamber should vote on the regulations.
Shear predicts that Miami gives the pace that cryptographic transactions are more widely accepted nationally, while he applauded the Congress to give “the tone to deregulation of this industry”.
On Wednesday, the House of Representatives won a new record for the longest vote in history due to a conservative rebellion on cryptocurrency bills.
The law on national innovation law and to establish national innovation for American stablescoins (Genius Act) to establish regulations on Stablescoin has already adopted the Senate. The law on the clarity of the digital asset market (Clarity Act), which should have at least bipartite support, would have placed new federal railings on cryptocurrency.
However, the last bill, a republican priority called the anti-CBDC surveillance law, turned out to be a flash point during the marathon vote on Wednesday.
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The host of “earning money” Charles Payne discusses the reaction of the stock market to the last price maneuver by President Donald Trump and in the future of blockchain technology.
“I think we are spouting the surface,” said Shear. “I don’t think the crypto is specific to Florida. Well, Miami seems to be a hub.”
“Miami is a very avant-garde city. And it’s not Silicon Valley. We are not a technological center. And it’s not New York, but it seems to be a good mix of many of the best cities,” he noted. “So I think it works well with culture here. And I think it permeates many industries.”
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Elizabeth Elkind of Fox Business contributed to this report.
