Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.
Miami has always been famous for its beaches, beautiful people and glamorous nightlife. More recently, the city grabbed attention for trying to establish itself as a crypto hub, and witnessed an influx of digital-asset startups as entrepreneurs flocked to its palm-tree-lined streets. They were attracted by both Miami’s charismatic, crypto-friendly mayor Frances Suarez and the promise of lower taxes.