Sunshine and low taxes: why crypto companies are moving to Miami
June 9, 2021, 6:46PM EDT · 3 min read
- 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?