A Miami-Dade County commissioner is supporting a new resolution to allow residents to use cryptocurrencies, such as Bitcoin ( BTC ), to pay local taxes.
According to a Thursday paper obtained by the Miami New Times, County Commissioner Cohen Higgins brought the resolution to the Miami-Dade County Infrastructure, Operations and Innovation Committee, calling for a 13-member Cryptocurrency Task Force.
The task force will examine the feasibility of allowing residents to pay local taxes , as well as fees and services using digital currencies, including Bitcoin, Ether ( ETH ) and Litecoin ( LTC ). Cryptocurrency payments have "the potential to increase convenience and reduce costs," according to the document.
"The item would establish a task force that could delve into the possibility of using cryptocurrency in Miami-Dade County to explore any potential benefits and pitfalls that may arise from its use. It is important to explore all avenues that can support the development of technology and start-ups to benefit our economy, "said Higgins .
The proposal will go before the Miami-Dade commission on Thursday at noon local time. If the resolution passes, it still must be approved by the full county commission.
The resolution mentions a similar initiative taken by the Miami city administration on Feb. 11, which called for a study to determine the feasibility of allowing Miami residents to pay their taxes and city employees to receive their salaries in Bitcoin. The resolution was proposed by Miami Mayor Francis Suarez, who has been aggressively campaigning to make the city a crypto hotspot in the United States.
