Florida Proposes Bitcoin Investment in State Funds

Florida lawmakers are pushing forward with a groundbreaking proposal: allowing up to 10% of public funds to be invested in digital assets, including Bitcoin. This bill, House Bill 183, aims to give Florida’s Chief Financial Officer the power to invest these funds in cryptocurrency by July 1, 2026. The potential impact on Bitcoin’s value and global markets is substantial, as it marks a new chapter for state-level investment strategies.