Florida Moves to Legalize Bitcoin Investments in State Funds

Florida lawmakers have launched the 2026 legislative session with a proposal to integrate Bitcoin into the state’s official investment strategy. The measure, filed on October 15, could make Florida one of the first US states to manage digital assets as part of its public reserves. Lawmakers Push for Crypto Reserve Strategy The initiative, filed as House Bill 183 by Representative Webster Barnaby, authorizes the state’s Chief Financial Officer to allocate up to 10% of specific funds—including the General Revenue Fund and the Budget Stabilization Fund—into Bitcoin and other digital-asset products. The bill defines digital assets broadly, encompassing Bitcoin, tokenized securities, and NFTs source: https://beincrypto.com/florida-moves-to-legalize-bitcoin-investments-in-state-funds/