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Florida’s Miami-Dade County to ‘Study Feasibility’ of Paying Taxes With Crypto
The county’s Cryptocurrency Task Force will also offer recommendations around other potential policies related to crypto that could prove advantageous.
Updated May 11, 2023, 4:30 p.m. Published Oct 27, 2021, 9:13 p.m.
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Miami-Dade County in Florida has approved a resolution to create a task force to study the feasibility of accepting cryptocurrency as a form of payment for taxes.
- The Cryptocurrency Task Force will offer recommendations around other potential policies related to crypto that could prove advantageous, according to an announcement Wednesday.
- First and foremost, the task force will explore how Miami-Dade could accept crypto as a method of payment for taxes, fees and services.
- The task force also intends to meet with Cheyenne, Wyoming-based American CryptoFed DAO, the first legally recognized decentralized autonomous organization (DAO) in the U.S., and other legislators and regulators in Wyoming to discuss crypto and blockchain initiatives.
- Wyoming has attempted to attract investment in recent years through establishing itself as a crypto and blockchain-friendly state, passing legislation in April to legally recognize DAOs, companies whose governance is built on smart contracts and where decision making is shared around the organization.
- The City of Miami is another jurisdiction to have adopted such a stance, thanks to some degree to its pro-crypto Mayor Francis Suarez.
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Read more: Is Crypto Miami for Real?
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Senate Agriculture's crypto market structure draft peppered with Democrat pitches
The latest draft of the major crypto legislation has begun to be targeted with amendments as the Senate Agriculture Committee approaches its hearing next week.
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- Proposed amendments to the Senate Agriculture Committee's crypto market structure bill have been posted, and the Democrats filing the pitches are seeking to push a number of the points they've sought over months of negotiation.
- Democrat amendments include proposals for banning senior government officials from profiting off of crypto interests and a demand for filling the Commodity Futures Trading Commission before new rules can be put in place.
- The committee's markup hearing for the bill is currently scheduled for next week, though a winter storm threatens the U.S. capital.
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