Proof of workforceSanta Monica Deputy Mayor Lana Negrete will be presenting the Santa Monica Bitcoin Office at the upcoming California Municipal Revenue and Taxation Association (CMRTA). Annual Conference on October 9th and 10thThey will present a case study of the innovative municipal office, the first of its kind in the United States.
Launched in July 2024 after a unanimous vote by the City Council, the Santa Monica Bitcoin Office aims to educate residents about the potential of Bitcoin while identifying industry partnerships to support economic recovery and job creation.
“Proof of Workforce is excited to share its experiences and insights with other municipal leaders at the CMRTA conference,” said Dom Bay, founder of Proof of Workforce. “Indeed, through our early, initial work, there are many valuable lessons learned and opportunities emerging.”
“We have received a tremendous amount of interest and positive engagement as we continue to learn about Bitcoin as a community,” added Deputy Mayor Negrete.
The presentation will highlight the challenges and opportunities in implementing the new office, and offer lessons for other municipalities considering similar initiatives. The CMRTA conference, which brings together municipal finance experts from across California, covers topics such as personal branding, regulatory updates, ballot measures, and emerging issues like Bitcoin.
Proof of Workforce coordinates the Bitcoin office at no cost Santa MonicaThe nonprofit provides education and Bitcoin adoption resources to workers, unions, pension funds, and cities.