Florida Senate withdraws consideration of bitcoin strategic reserve bill
2025-05-06 04:33:03
On May 6, two crypto bills in Florida have been removed from the legislative process, dealing the latest blow to the US state-level strategic bitcoin reserve target. Florida House Bill 487 and Senate Bill 550 have been "indefinitely postponed and withdrawn from consideration" on May 3, the Florida Senate said. The Florida legislative session has adjourned on May 2 and failed to pass the two bills, which would have promoted legislation to establish cryptocurrency reserves in the state. (Cointelegraph)
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