Florida Considers Strategic Bitcoin Reserve in Early 2025

Florida regulators have revealed tentative plans to establish a strategic Bitcoin (BTC) reserve in the first quarter of 2025. Samuel Armes, President of the Florida Blockchain Business Association (FBBA), said in a recent X post he is optimistic about the state advancing the proposal during the upcoming legislative session. “Florida has a very good chance of creating a strategic Bitcoin reserve this session, which starts in Q1 of 2025,” Armes said. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant