Jackson is set to become the first city in the United States to provide a cryptocurrency payment option to its employees. Jackson City Mayor Scott Conger has been working hard to incorporate Bitcoin into the city government and the crypto payroll option will be unveiled early next year.
The city has opened a request for proposal (RFP), allowing third party platforms to apply to be the city’s cryptocurrency converter. The mayor said “The RFP is open! The 22nd is when the respondents have to respond to the RFP. So once the 22nd hits, we’ll open the bids, have the committee, and then they’ll review it. They’ll probably make a recommendation to the council in February.”
BTC is up by more than 6% over the past 24 hours and is currently trading above $49k per coin.