A year ago, when the annual bitcoin conference opened in Miami, the city was arguably the country’s biggest booster of digital currencies. MiamiCoin traded on a global crypto exchange. The Miami Heat basketball team played at FTX Arena, and cryptocurrency exchange Blockchain.com was preparing to move its headquarters to a splashy office in the city’s Wynwood neighborhood.
Today, as Miami prepares to host Bitcoin 2023 on May 18, none of those things is true anymore.
Source: Miami’s Love Affair With Crypto Is Souring as Bitcoin Faithful Flock to the City – WSJ