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Florida Introduces New Cryptocurrency Reserve Legislation, Proposing to Include Digital Assets on the State’s Balance Sheet
Svmuu News: Florida lawmakers are reviving legislation to include digital assets on the state’s balance sheet, reintroducing a proposal for a state-led cryptocurrency reserve program after a similar bill stalled earlier this year. The bill was introduced by Republican Representative John Snyder on January 7 for the 2026 legislative session. House Bill 1039 (HB 1039) proposes the creation of a “Strategic Cryptocurrency Reserve Fund” separate from the state’s fiscal system and authorizes the Florida Chief Financial Officer (CFO) to manage cryptocurrency investments within an established risk control framework. (CoinDesk)
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