The Republican governor announced the idea as part of his 2022–2023 budget proposal, released on Dec. 9. According to the official budget highlights, DeSantis proposed to provide $200,000 to the Department of Financial Services to offer Florida corporations the ability to “pay state fees via cryptocurrency directly to the Department of State.

The Republican governor announced the idea as part of his 2022–2023 budget proposal, released on Dec. 9. According to the official budget highlights, DeSantis proposed to provide $200,000 to the Department of Financial Services to offer Florida corporations the ability to “pay state fees via cryptocurrency directly to the Department of State.

Florida governor's budget proposal wants to let businesses pay fees in cryptoThe new budget proposal also involves a blockchain pilot for vehicle registrations.Florida Governor Ron DeSantis has officially proposed the state government to allow businesses to pay state fees with cryptocurrencies like Bitcoin (BTC).

Florida governor's budget proposal wants to let businesses pay fees in cryptoThe new budget proposal also involves a blockchain pilot for vehicle registrations.Florida Governor Ron DeSantis has officially proposed the state government to allow businesses to pay state fees with cryptocurrencies like Bitcoin (BTC).

Florida encourages cryptocurrency as a means of commerce and furthering Florida’s attractiveness to businesses and economic growth,” the document reads. DeSantis additionally proposed allocating another $500,000 to explore the potential of blockchain technology to maintain motor vehicle records as well as authenticate Medicaid transactions and detect potential fraud.

Florida encourages cryptocurrency as a means of commerce and furthering Florida’s attractiveness to businesses and economic growth,” the document reads. DeSantis additionally proposed allocating another $500,000 to explore the potential of blockchain technology to maintain motor vehicle records as well as authenticate Medicaid transactions and detect potential fraud.

VORTECS™ Score (green) vs. ALEPH price. Source: Cointelegraph Markets Pro As seen in the chart above, the VORTECS™ Score for ALEPH hit a high score of 80 on Dec. 5, around 31 hours before the price increased 38% over the next two days. The climbing price of ALEPH comes after the protocol announced that it is now providing its indexing solution to the Solana-based decentralized exchange Serum, a move which should help to increase the ability to obtain DeFi analytics on the Solana network. The ...

VORTECS™ Score (green) vs. ALEPH price. Source: Cointelegraph Markets Pro As seen in the chart above, the VORTECS™ Score for ALEPH hit a high score of 80 on Dec. 5, around 31 hours before the price increased 38% over the next two days. The climbing price of ALEPH comes after the protocol announced that it is now providing its indexing solution to the Solana-based decentralized exchange Serum, a move which should help to increase the ability to obtain DeFi analytics on the Solana network. The ...