Skip to main content

Crypto exchange Blockchain announces move to Miami, with plans to create 300 jobs


 A major cryptocurrency exchange is joining the move-to-Miami moment.

Blockchain.com, whose digital platform lets users buy, sell, and trade Bitcoin and other forms of digital payment, said it would be moving its U.S. headquarters from New York to the Magic City. In doing so, it said it hoped to create as many as 300 jobs over the next 18 months, paying an average salary of $110,000.

Miami Mayor Francis Suarez announced the move from City Hall Thursday morning alongside Blockchain.com CEO Peter Smith. Blockchain.com is among the 15 largest crypto currency exchanges by number of weekly visitors, according to CoinMarketCap.com, which tracks exchange performance.

"There have been some that have doubted the impact that crypto can have in transforming our economy into a tech-forward economy," Suarez said. "To them I would say this: How many companies like Blockchain.com are coming into this market hiring hundreds of people at this salary range? ... That's happening because of this crypto movement."

The announcement comes as Bitcoin2021, billed as the largest-ever crypto conference, is set to kick off in Miami. This week has already seen other Miami-related announcements from the crypto world, including the creation of a $25 million startup investment fund and the launch of new, city-specific crypto-coins.

Beyond crypto, the city continues to see a stream of companies, in the technology space and beyond, announce a Miami presence or investment. A desire to escape , less restrictive pandemic regulations, and aggressive courting by Suarez have combined to raise Miami's profile as a tech center in a manner that had previously seemed just out of reach.

 of Miami spokesperson said Blockchain is not receiving any financial incentives.

In a statement, Smith said, "Thanks to a  with the local government, we are honored to join the Miami business community. The internet will be the biggest economy in the world by 2030, and crypto is the financial system built to support it. The City of Miami recognizes the industry's potential, and we look forward to contributing to Miami's rich innovation ecosystem."

Source: techxplore.com

Comments

Contact us

Name

Email *

Message *

Popular posts from this blog

Cryptocurrencies Adding to the Safety and Security in the UK Gambling Industry

These are exciting times for the UK gambling industry. The impact of internet technology is now being felt with online gambling now controlling the industry.  The adoption of cutting-edge technology is reasonable for the boom in the industry. From live casinos, mobile apps to artificial intelligence, incredible trends continue shaping the gambling industry. However, it is the rise of cryptocurrency casinos that seeks to redefine UK gambling.  Many operators now include crypto coins such as bitcoin, Ethereum and Litecoin as part of their banking methods. Others offer exclusive bitcoin payments and promotions based on digital tokens. This revolutionary trend has a huge impact due to enhanced safety and security on these platforms. Players looking for peace of mind when playing online now opt to use cryptocurrencies. This post looks at how cryptos guarantee the safety and security of players at online casinos. How Cryptocurrency Gambling Works There’s a lot of talk ab...

Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan

  Customers in those countries who send crypto outside their Coinbase accounts must provide recipients’ names, addresses and in some cases, additional information, as of early April. Cryptocurrency exchange Coinbase Global (COIN) will soon require its customers in Canada, Japan and Singapore who send cryptocurrency to another financial institution or exchange to provide the name, address and in the case of Japan, the destination wallet of the recipient. Coinbase has been sending notices to its customers in those countries that the changes will take effect in early April in order to comply with local travel rules in those places. Coinbase didn't immediately respond to requests for additional comment on the moves, but confirmed that they were taking place. The move  does not seem to be going over well  with Coinbase customers in those countries, who value the anonymity of transactions using cryptocurrency. According to a  FAQ provided by Coinbase , for Canadian users, ...

Farm GRASS earn MONEY

  Use your Unused Internet Bandwidth to make $$$ In today’s interconnected world, the concept of passive income has taken on new dimensions, offering innovative ways for individuals to monetize underutilized assets.  One such groundbreaking avenue involves earning money by selling your unused internet connection.  By participating in decentralized networks like Grass, individuals have the opportunity to turn their dormant bandwidth into a valuable asset, contributing to a fairer and more equitable digital landscape while generating income. Grass is a decentralized network sharing application designed to offer an alternative to existing centralized networks.  It allows users to sell their unused bandwidth directly, without the need for exploitative middlemen.  The platform operates by enabling users to download a web extension that runs in the background, assisting others in accessing public web data in exchange for payment using the protocol’s native token. How ...