Category: Florida

Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins […]

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Bitcoin ATM operator Coinme enters Florida via Coinstar partnership after obtaining regulatory approval

Coinme, the second-largest bitcoin ATM operator in the United States, has obtained the proper licensure to offer its services in Florida, according to a company statement. The company will now place 300 machines in grocery stores across the state through its partnership with Coinstar, the physical kiosk manufacturer.  While Bitcoin ATM operators are federally regulated through […]

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Miami-Dade commissioners approve crypto exchange FTX’s bid to rename Miami Heat sports arena

The board of commissioners for Florida’s Miami-Dade County has approved the deal that will see crypto exchange FTX secure the naming rights to the sporting arena used by the Miami Heat professional basketball team. The vote saw just one commissioner — René Garcia of Miami-Dade’s District 13 — vote against the resolution after he cited […]

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Ripple faces a new class-action lawsuit over unregistered XRP sales in Florida

Ripple faces a new class-action lawsuit over unregistered XRP sales in Florida

A new class-action lawsuit has been filed against Ripple, its CEO Brad Garlinghouse and its subsidiary XRP II, LLC. Filed in the Middle District Court of Florida on Monday, the case alleges that the defendants sold “millions of dollars (or more)” of XRP without registering it either with federal or Florida authorities. “On numerous occasions, […]

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Ripple Faces Another Lawsuit in Florida For Violating Securities Laws

Ripple is facing another lawsuit for violating security laws in Florida, as per a court filing made by Tyler Toomey who claims to be an early XRP purchaser. The court filing revealed that the plaintiff in the case has accused the company of violating the Florida Securities and Investor Protection Act by offering XRP to […]

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Alleged Twitter Hack ‘Mastermind’ Owns $3 Million in Bitcoin, Bail Set at $725K

Alleged Twitter Hack ‘Mastermind’ Owns $3 Million in Bitcoin, Bail Set at $725K

Regional reports from Tampa show that the alleged “Mastermind” behind the July 15, Twitter hack owns more than $3.3 million dollars worth of bitcoin. While appearing on a video screen at the Hillsborough County Courthouse, the judge set 17-year old Graham Clark’s bail at $25,000 per 29 counts or $725,000.The teenager, Graham Clark, made headlines […]

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