{"id":23693,"date":"2025-05-06T13:00:46","date_gmt":"2025-05-06T10:00:46","guid":{"rendered":"https:\/\/forklog.com\/en\/florida-withdraws-bitcoin-reserve-bills-from-consideration\/"},"modified":"2025-05-06T13:00:46","modified_gmt":"2025-05-06T10:00:46","slug":"florida-withdraws-bitcoin-reserve-bills-from-consideration","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/florida-withdraws-bitcoin-reserve-bills-from-consideration\/","title":{"rendered":"Florida Withdraws Bitcoin Reserve Bills from Consideration"},"content":{"rendered":"<p>Authorities in the state of Florida, USA, have halted the consideration of two bills that would have allowed the investment of state funds in Bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?? State Reserve Race Update:<\/p>\n<p>Both Florida&#8217;s Bitcoin Reserve Bills have failed. <\/p>\n<p>The legislature adjourned its 2025 session on May 2, without passage of the bills.<\/p>\n<p>HB 487 and SB 550 have been &#8220;indefinitely postponed and withdrawn from consideration.&#8221; <a href=\"https:\/\/t.co\/9TslaU80JW\">pic.twitter.com\/9TslaU80JW<\/a><\/p>\n<p>\u2014 Bitcoin Laws (@Bitcoin_Laws) <a href=\"https:\/\/twitter.com\/Bitcoin_Laws\/status\/1919502897399923152?ref_src=twsrc%5Etfw\">May 5, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts from Bitcoin Laws noted that initiatives <a href=\"https:\/\/www.flsenate.gov\/Session\/Bill\/2025\/487\">HB 487<\/a> and <a href=\"https:\/\/www.flsenate.gov\/Session\/Bill\/2025\/550\">SB 550<\/a> have been &#8220;indefinitely postponed.&#8221;<\/p>\n<p>The bills proposed investments in the leading cryptocurrency from several state funds. Both documents were introduced in February.<\/p>\n<p>At the federal level, similar projects are most actively pursued in New Hampshire (HB 302), according to <a href=\"https:\/\/bitcoinlaws.io\/nh\">Bitcoin Laws<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"566\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2025-05-06-125234-1024x566.png\" alt=\"Snimok-ekrana-2025-05-06-125234\" class=\"wp-image-258142\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2025-05-06-125234-1024x566.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2025-05-06-125234-300x166.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2025-05-06-125234-768x425.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2025-05-06-125234-1536x849.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2025-05-06-125234.png 1570w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Development of Bitcoin reserve legislation in New Hampshire. Data: Bitcoin Laws.<\/figcaption><\/figure>\n<p>Earlier, on May 2, Arizona Governor Katie Hobbs <a href=\"https:\/\/u1f987.com\/en\/news\/arizonas-attempt-to-establish-a-bitcoin-reserve-fails\">vetoed<\/a> a bill that would have allowed the state treasurer and pension funds to invest up to 10% of funds in virtual assets.<\/p>\n<p>In states such as <a href=\"https:\/\/u1f987.com\/en\/news\/oklahoma-senate-rejects-bitcoin-reserve-proposal\">Oklahoma<\/a>, Montana, Pennsylvania, North and South Dakota, as well as Wyoming, attempts to create a strategic Bitcoin reserve have also <a href=\"https:\/\/u1f987.com\/en\/news\/montana-house-rejects-bitcoin-reserve-bill-2\">failed<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Authorities in the state of Florida, USA, have halted the consideration of two bills that would have allowed the investment of state funds in Bitcoin. ?? State Reserve Race Update: Both Florida&#8217;s Bitcoin Reserve Bills have failed. The legislature adjourned its 2025 session on May 2, without passage of the bills. HB 487 and SB [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,26],"class_list":["post-23693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"44","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=23693"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23693\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/23692"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=23693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=23693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=23693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}