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You are here: Home / Cryptocurrency News / Blockchain.com bids adieu to NYC as Miami welcomes it with open arms

Blockchain.com bids adieu to NYC as Miami welcomes it with open arms

By Sahana Kiran | Edited By Roopa CA,June 4, 2021, 7:48 PM

Blockchain.com

Prominent cryptocurrency wallet and exchange, Blockchain.com revealed that it was shifting its headquarters into a more crypto-friendly region, Miami.

Miami managed to secure a prominent spot in the crypto-verse after the city’s Mayor, Francis Suarez, began embracing crypto. While all the other US regions have been dealing with an uncertain regulatory environment, Miami was seen making progress in the same. The Mayor’s efforts were evident as a prominent firm, Blockchain.com, has decided to move to Miami while bidding farewell to New York City.

Blockchain.com hopes to recruit 300 employees by the end of 2021

In a recent press release by Blockchain.com, it was revealed that the CEO of the platform Peter Smith along with Mayor Suarez, announced relocation plans. As the city preps for the Bitcoin 2021 Conference from tomorrow, the crypto platform hopes to bring recruits.

Speaking about the same, CEO Smith stated,

“Thanks to a strong relationship 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.”

The crypto platform intended to hire about 300 full-time employees by the end of next year. The expansion wouldn’t be much of a problem for the exchange as it entails the required capital. The Mayor noted that the salaries of the employees, as mentioned earlier, would range from $80,000 to $140,000. Miami’s plunge towards the crypto-verse has made the region suitable for hire.

Furthermore, Blockchain.com already set up offices in London, San Francisco, as well as New York. However, Miami seemed to be a favorable option for the crypto platform. Suarez also commented about Blockchain.com’s arrival and said,

“Blockchain.com’s arrival in Miami perfectly encapsulates what the Miami Movement is all about – leveraging Miami’s talent against the world’s top companies in order to build towards our goal of becoming a Miami that lasts forever and a Miami that works for everyone.”

Filed Under: Cryptocurrency News, Altcoin News, Bitcoin (BTC), World

About Sahana Kiran

Experienced Journalist with a demonstrated history of working in the online media industry. Skilled in Photography, Feature Writing, Journalism, Online Journalism, and Web Content Writing. Strong media and communication professional with a Bachelor of Arts - BA focused in Journalism

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