Florida Explores Bitcoin Reserve Ahead of 2026 Legislative Session
Florida is considering establishing a Bitcoin reserve, as indicated by a bill introduced ahead of the 2026 session. According to reports, the bill aims to isolate Bitcoin holdings within a separate reserve, preventing direct integration with state pensions and other state-managed funds. The development suggests a cautious approach to incorporating Bitcoin into the state's financial strategy, focusing on segregated management of the cryptocurrency. This move reflects a growing interest in digital assets among states, while also addressing potential risks associated with their volatility and integration into traditional financial systems.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.