Florida Moves Closer to Bitcoin Reserves with Key Legislative Approval

Florida Moves Closer to Bitcoin Reserves with Key Legislative Approval

Florida has advanced House Bill 487 (HB 487), signaling its intent to position Bitcoin as a strategic component of state-held assets. With unanimous approval from the House Insurance and Banking Subcommittee on April 10, Florida becomes the latest state to enter the competitive legislative arena aimed at integrating Bitcoin into sovereign financial frameworks. The bill, formally titled “Investments of Public Funds in Bitcoin,” proposes author...

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