States, Cities Forge Ahead With Crypto-Friendly Plans Despite Clouds Over the Industry

The state of Florida, one of crypto’s biggest boosters, is trying to keep the flame lit on a crypto boom despite the headwinds of crashing values in big name tokens like Bitcoin and Ethereum.

AP/Lynne Sladky
The mayor of Miami, Francis Suarez, has been one of crypto's biggest boosters. AP/Lynne Sladky

Despite crypto markets being in the midst of a major downturn and one of the industry’s highest profile companies lying in tatters, some states are still forging ahead in their plans to turn themselves into hubs for decentralized finance.

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