Florida Unveils Bitcoin Investment Proposal: Public Hearing on April 10

A bill proposing the investment of state funds in Bitcoin is set to be discussed at a public hearing. Florida lawmakers have introduced House Bill 487, which would allow the state to invest up to 10% of its public funds in Bitcoin (BTC). The hearing will take place on Wednesday, April 10th in the Insurance & Banking Subcommittee. This marks the first time Florida will hold a public hearing on this issue since the bill was introduced two months ago.