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Florida Kills Bitcoin Reserve Proposal—Another Crypto Dream Meets Political Reality

Florida Kills Bitcoin Reserve Proposal—Another Crypto Dream Meets Political Reality

Author:
CoindeskEN
Published:
2025-05-06 09:23:53
14
2

Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration

Florida lawmakers just pulled the plug on a bold plan to create a state Bitcoin treasury—proving once again that crypto and bureaucracy mix like oil and water.

The failed bill would have allowed Florida to hold BTC as part of its strategic reserves. Instead, it joins the growing graveyard of government crypto initiatives crushed under the weight of regulatory inertia.

Funny how politicians love blockchain in press releases—but run screaming when it’s time to put taxpayer money where their mouth is.

|Square

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