Is Miami a Crypto City?

Could you elaborate on the notion of Miami as a "Crypto City"? What factors contribute to this perception? Has the city taken any significant steps to promote cryptocurrency adoption and usage? What are some of the major crypto-related initiatives in Miami? Do these initiatives involve collaborations with local businesses or government agencies? Are there any regulatory frameworks that support the growth of the crypto industry in Miami? What impact has this "Crypto City" status had on the local economy and community?