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Sunshine and low taxes: why crypto companies are moving to Miami

Quick Take

  • Crypto firms are flocking to Miami, setting up new offices in the Floridian city.
  • An alluring tax environment and a business-friendly mayor have played a role.
  • The push by some firms to set up shop in Miami was on full display during a recent industry event.
Several big name crypto firms are flocking to Miami, setting up new offices in the Floridian city. What's behind the migration?

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