TO THE CITY

Summary from the TLDR Crypto newsletter

Throughout the last bull market, Miami embraced cryptocurrencies and attempted to build out a thriving crypto ecosystem, the city has since experienced a significant shift in attitude toward digital currencies. Since the bear market ensued, MiamiCoin, a coin the city was looking at integrating, trading ceased, the Miami Heat had to replace FTX with another sponsor for its arena, and Blockchain.com abandoned its planned Wynwood office. The city now focuses on tech startups, AI, and venture capital, with Mayor Suarez emphasizing the lessons learned from their initial foray into the crypto world.