Florida lawmakers have introduced measures HB 183 and SB 1038 to create a Strategic Bitcoin Reserve. This would allow up to 10% of certain public funds to be invested in Bitcoin and other comparable assets. Representatives Webster Barnaby and Joe Gruters are behind the initiatives, which aim to invest in Bitcoin, SEC-registered cryptocurrency ETFs, and tokenised assets through the General Revenue Fund, Budget Stabilisation Fund, and Florida Retirement System Trust Fund. The structure is based on a government executive order from March 2025 that created a U.S. Strategic Bitcoin Reserve from assets that were lost. ... (full story)