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Florida wants its CFO to oversee Bitcoin reserve
They say the third time's a charm, and maybe Florida believes in it, too. The state has been trying to have its own strategic Bitcoin reserve for quite some time. Just last year, it attempted twice to pass a bill to create one, but to no avail. Less than a year later, a new bill in the state seeks once more to establish the reserve. Although several U.S. states explored Bitcoin or crypto reserve legislation last year, only New Hampshire, Arizona, and Texas ultimately succeeded in passing bills to establish reserves. Florida was not alone in facing rejection. Similar proposals failed in Wyoming, Montana, North Dakota, ... (full story)
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