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The Independent UK

National

Via AP news wire

Money for nothing: Cities' crypto push draws fans, critics

Miami Francis Suarez New York United States

Copyright 2021 The Associated Press. All rights reserved.

A small group of cryptocurrency enthusiasts has an offer that they’re hoping U.S. cities can’t refuse.

The group City Coins is asking Miami and New York to accept the equivalent of millions of dollars in a new cryptocurrency, and at least some of the money is real: Last week, Miami Mayor Francis Suarez announced that City Coins had transferred $5.25 million to the city.

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