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In a move that would spur the acceptance and usage of cryptocurrency globally, Florida Governor Ron DeSantis, who has been in office since 2019, mentioned collaborating with state agencies to "figure out" the logistics of businesses that would be paying their taxes in cryptocurrency. He confirmed that the state is planning to receive tax payments in crypto from operating businesses.

“I’ve told the state agencies to figure out ways where if a business wants to pay tax in cryptocurrency to Florida, we should be willing to accept that. We will accept Bitcoin, we’re working on doing that, for payments in the state of Florida,” said the governor.

This is not the first time that approving Bitcoin for tax payments in the state has been talked about by Ron DeSantis. He spoke extensively about steering Florida towards becoming “crypto-friendly” as of last year December.

Aside from a couple of cities in the United States, Singapore, South Korea, Dubai and other countries and cities alike are gradually becoming more open to crypto and Web3 with regulations in an effort to establish the locations as centers for innovation, growth, and development of Web3.

According to a filing with the US Patent and Trademark Office dated Feb. 10, the New York Stock Exchange has registered for trademark licensing to launch metaverse, NFT, and cryptocurrency-related products.

In a tweet on February 15, trademark attorney Michael Kondoudis revealed that the NYSE had filed an application on February 10 and that the stock exchange is coming to the metaverse, he wrote:

On Feb 15, trademark attorney Michael Kondoudis disclosed the filed application in a tweet NYSE. He wrote,
“A new application filed on the 10th says that NYSE has plans to trademark NYSE for NFTs, cryptocurrencies, digital collectibles, and marketplaces to trade and exchange them. This filing is the latest confirmation that the Metaverse is real and businesses need to plan accordingly. Businesses no longer need to wonder if it is going to happen....."

"The NYSE is clearing taking a proactive, forward-thinking approach to ensure that it is the leading financial exchange in the Metaverse.”

However, an NYSE official stated that the stock exchange has no current plans to launch crypto or NFT trading. “The NYSE regularly considers new products and their impact on our trademarks and protects our intellectual property rights accordingly,” the spokesperson stated.

This is not the first time the NYSE has explored NFTs. It created a no. of NFTs last year to celebrate significant IPOs, including Snowflake, Spotify and Roblox.

Additionally, applications for trademarks in the metaverse have in recent weeks with fashion brand Victoria’s Secret filing four applications for digital collectibles and media developed using blockchain along with clothes and media used in virtual worlds, as reported by Finbold.

In an effort to educate kids more about blockchain technology and cryptocurrency, NBA superstar LeBron James is collaborating with Crypto.com to make that happen.
According to the Akron Beacon Journal, the LeBron James Family Foundation has established a multi-year partnership with Crypto.com to design a curriculum for the I PROMISE School in Akron, Ohio.

Additionally, the initiative intends to provide children and their families with more employment opportunities and career options in the blockchain technology field, including introducing them to Web 3, which is regarded as the next generation of the Internet by enthusiasts.

"Blockchain technology is revolutionizing our economy, sports and entertainment, the art world, and how we engage with one another. I want to ensure that communities like the one I come from are not left out,” LeBron said in a statement.

Web3 although mostly theoretical, envisages a decentralized internet that makes use of blockchain technology. It has become a term for businesses in cryptocurrency and other innovative fields, as well as a matter of interest among technology experts.

Eric Adams, the newly-elected mayor of New York City and a notable bitcoin bull, defined digital assets as a “new way for paying for goods and services throughout the entire globe” in November of last year. He suggested that because blockchain technology and cryptocurrencies are so significant, students should learn about them in school.

“We must open our schools to teach the technology, to teach this new way of thinking when it comes down to paying for goods and services.”

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