Regulation

Francis Suarez, the mayor of Miami and a known crypto advocate, has filed paperwork signaling his intention to run for United States presidency in 2024.

He will join the likes of former U.S. President Donald Trump and fellow Florida Governor Ron DeSantis — another Bitcoin (BTC) advocate — in vying to lead the Republican presidential bid.

Suarez officially filed the paperwork on June 14, according to documents released by the U.S. Federal Election Commission.

Suarez is scheduled to speak at the Ronald Reagan Presidential Library in Simi Valley, California on June 16, where he is expected to talk about his presidential plans in more depth.

Related: Is Ron DeSantis good for crypto? Republican makes Bitcoin part of campaign

In June 2022, Suarez stated that Bitcoin can become a global currency and has accepted his salary in Bitcoin in the past.

Suarez was also  involved in “MiamiCoin” in January 2022, which Miami residents can purchase through a digital wallet and recieve a Bitcoin dividend.

Magazine: Magazine: Crypto regulation — Does SEC Chair Gary Gensler have the final say?

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