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Nevada may invite tech firms to self-governing company towns

If the governance of new Innovation Zones can develop as fast as emerging technology advances, the governor says, Nevada can create immediate positive e.

Nevada may invite tech firms to self-governing company towns -- GCN

If the governance of new Innovation Zones can develop as fast as emerging technology advances, the governor says, Nevada can create immediate positive economic impact and shape the economy of the future.

Nevada rethinks innovation zones plan to let tech firms run cities

70% of U.S. adults say social media has too much influence By Matthew Lavietes NEW YORK, April 28 (Thomson Reuters Foundation) – Nevada this week paused efforts to pass a bill that would allow technology companies to buy land and form quasi-local governments, following criticism that the proposal was part of a troubling trend of “smart cities” run by tech behemoths. In January, Governor Steve Sisolak unveiled a bill to create so-called “Innovation Zones” which would let companies impose taxes and create school districts and court systems. Sisolak pitched the plan, which had not yet formally been introduced in the state’s legislature, as part of his broader economic development scheme to pull the state out of a pandemic-induced recession and create about 200,000 jobs.

ANALYSIS-Nevada rethinks innovation zones plan to let tech firms run cities

ANALYSIS-Nevada rethinks innovation zones plan to let tech firms run cities Reuters 6 hrs ago Plan would let tech firms buy Innovation Zones for $250 mln Popular Searches 70% of U.S. adults say social media has too much influence By Matthew Lavietes NEW YORK, April 28 (Thomson Reuters Foundation) - Nevada this week paused efforts to pass a bill that would allow technology companies to buy land and form quasi-local governments, following criticism that the proposal was part of a troubling trend of smart cities run by tech behemoths. In January, Governor Steve Sisolak unveiled a bill to create so-called Innovation Zones which would let companies impose taxes and create school districts and court systems.

Local governments look to benefit off Bitcoin boom

Local governments look to benefit off Bitcoin boom Kaelan Deese © Provided by Washington Examiner The cryptocurrency boom has led some local governments eager to cash in on the speculative asset s boom. While Bitcoin has been around since 2009, the latest Q1 2021 report from cryptocurrency exchange Coinbase posted $1.8 billion in revenue for the year so far, more than it brought for all of 2020. The mayor of Miami, Francis Suarez, recently spoke publicly about his interest in Bitcoin during several interviews in which he detailed his vision to make it part of the city s economic future, including petitioning for the state of Florida to allow a portion of Miami s treasury funds to invest in Bitcoin.

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