Governor Ron DeSantis said on Tuesday, “We will accept bitcoin, we’re working on doing that for payments in the state of Florida.”

According to the Governor, state agencies are currently working on ways to incorporate tax payments using cryptocurrency in Florida.

At a press conference in Wesley Chapel, Gov. DeSantis said “We are working – and I’ve told state agencies – figure out ways where if a, business wants to pay tax in cryptocurrency to Florida, we should be willing to accept that.”

According to the report, DeSantis has been embracing Florida’s reputation as an emerging hub for crypto investment, with companies such as blockchain.com opening up offices in Miami.

Back in December last year, the Governor proposed a program to enable businesses to pay state fees in digital currencies.

DeSantis, who is a potential Republican presidential candidate, noted the difference between the decentralized nature of Bitcoin and digital currencies owned by the government.

He said he was concerned about the executive order signed by President Joe Biden on 9th March, which called on federal agencies to research a number of topics about central Bank Digital Currency (CBDC).

Gov. DeSantis noted:

“There’s a difference between a decentralized digital cryptocurrency like a Bitcoin and what some are talking about doing at the federal level to convert U.S. dollars into basically a digital currency.

“I think there’s a lot of hazards with that, when that’s centrally controlled. I worry about the amount of power that would give someone in a central authority to basically be able to shut off access to purchasing certain goods. We’d be in uncharted territory.”

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According to Bloomberg, this move gives Miami Mayor Francis Suarez state-level support, complementing the previous aid received at the county level.

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Ron DeSantis noted:

“Our view as the state government is this is something that we welcome and we want to make sure that the state government is crypto-friendly.”

The Move Aims At Attracting Business Investment to Florida

The program proposed by the state Governor is to enable businesses in Florida to pay state fees in Bitcoin (BTC) and cryptocurrencies, among other crypto-related proposals included in the state’s budget for 2022.

Read Also: Bitcoin Adoption: El Salvador’s Ambassador to the U.S. Says the Country Is Not Afraid to Burn Bridges with Former Allies

According to the report, the move is targeted at bringing Bitcoin investment to Florida. If everything goes as planned, the state is expected to experience a further influx of crypto-related entrepreneurs and businesses.

The recent move makes DeSantis the latest Florida official to show interest in making Bitcoin payments a reality in the state. The support received from the state level could bring about the passing of necessary legislation that would push Bitcoin and crypto further in Florida.

Back in October, Miami Mayor Francis Suarez said the effort to make the city employees receive their payments in Bitcoin (BTC) is advancing. However, the mayor later opted for the use of the Lightning payments app, Strike, to get a paycheck in BTC, due to a lack of developments in that direction.

Read Also: MicroStrategy’s Michael Saylor Explains Why He Thinks Bitcoin (BTC) Will Go up Forever

Although improvements and developments in the city, county, and state legislations have not materialized, the publicity of promises and excitement towards Bitcoin has driven businesses, enthusiasts, and conferences to Florida.

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The post Florida Governor Ron DeSantis Says Bitcoin (BTC) Is Welcome appeared first on Times Tabloid.