Key Takeaways:
- Santa Monica, California Opens First Bitcoin Workplace within the US: Impressed by El Salvador’s Bitcoin insurance policies, Santa Monica establishes a devoted Bitcoin Workplace to coach residents and discover financial advantages.
- Key Figures and Partnerships: The initiative, led by Vice Mayor Lana Negrete and supported by the town council, is partnered with Proof of Workforce, based by Dom Bei, a former firefighter and Bitcoin advocate.
- Market Context and Financial Objectives: The council goals to place Santa Monica as a pacesetter in cryptocurrency adoption, with Bitcoin buying and selling at $57,122.30 on the time of writing, regardless of current market fluctuations.
YEREVAN (CoinChapter.com) — Santa Monica, California, has opened the primary official Bitcoin Workplace in america. Town council introduced this transfer, impressed by El Salvador’s Bitcoin insurance policies beneath Nayib Bukele.
Santa Monica’s New Bitcoin Workplace: Schooling and Financial Advantages
Vice Mayor Lana Negrete led the hassle, and the town council supported the initiative unanimously. The Bitcoin Workplace was established in partnership with the non-profit group Proof of Workforce. This partnership goals to coach residents about Bitcoin and discover potential financial advantages.
Dom Bei, founding father of Proof of Workforce, is from Santa Monica. A former firefighter, Bei supported the union within the self-custody of Bitcoin. His group focuses on education-based Bitcoin adoption, serving to unions, staff, and communities perceive the digital asset’s utility.
Santa Monica’s Bitcoin Workplace Impressed by El Salvador
El Salvador has gained world consideration for its Bitcoin insurance policies beneath President Nayib Bukele. Santa Monica’s transfer to open a Bitcoin Workplace mirrors this method. The official X account of El Salvador’s Bitcoin Workplace congratulated Santa Monica’s metropolis council. Vice Mayor Negrete visited El Salvador final yr to debate Bitcoin training actions.
The council believes this initiative will educate the general public and search alternatives for financial advantages. Santa Monica, California, goals to guide in cryptocurrency adoption in america.
On the time of writing, Bitcoin was exchanging palms at $57,122.30, exhibiting a 3.13% enhance over the previous seven days. The market cap stood at $1,126,455,730,818, reflecting a 2.34% lower. The 24-hour buying and selling quantity was $28,330,820,612, marking a 15.00% rise. The circulating provide of Bitcoin was 19,720,071 BTC, which is 93.91% of the overall provide of 21,000,000 BTC.
