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Florida governor's budget proposal wants to let residents pay fees in crypto
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Florida Governor Ron DeSantis has officially proposed the state government to allow businesses to pay state fees with cryptocurrencies like Bitcoin (BTC).
The Republican governor announced the idea as part of his 2022–2023 budget proposal, released on Dec. 9.
According to the official budget highlights, DeSantis proposed to provide $200,000 to the Department of Financial Services to offer Florida corporations the ability to “pay state fees via cryptocurrency directly to the Department of State.”
“Florida encourages cryptocurrency as a means of commerce and furthering Florida’s attractiveness to businesses and economic growth,” the document reads.
DeSantis additionally proposed allocating another $500,000 to explore the potential of blockchain
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