{"id":25348,"date":"2025-05-06T10:33:50","date_gmt":"2025-05-06T10:33:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25348"},"modified":"2025-05-06T10:33:50","modified_gmt":"2025-05-06T10:33:50","slug":"florida-withdraws-strategic-bitcoin-reserve-bills-from-consideration","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25348","title":{"rendered":"Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration"},"content":{"rendered":"<div>\n<p>Florida has withdrawn two bills related to the creation of a state-level strategic bitcoin (BTC) reserve.<\/p>\n<p>House Bill <a href=\"https:\/\/www.flsenate.gov\/Session\/Bill\/2025\/487\">487<\/a> and Senate Bill <a href=\"https:\/\/www.flsenate.gov\/Session\/Bill\/2025\/550\">550<\/a> have been &#8220;indefinitely postponed and withdrawn from consideration,&#8221; according to the state Senate website. The two bills, which were both filed in February, sought to allow investment of public funds in BTC.<\/p>\n<p>Florida joins numerous other states, such as Wyoming, Pennsylvania and Oklahoma,  which have seen bills related to BTC investments fail to clear the legislative process, <a href=\"https:\/\/bitcoinlaws.io\/reserve-race\">according to Bitcoin Laws<\/a>. There are a string of other states with outstanding bills, most of which remain in the initial committee phase. <\/p>\n<p>The most advanced state-level process to establishing a BTC reserve was in Arizona, where SB 1025 passed a House vote by 31-25 <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/03\/arizona-governor-calls-crypto-an-untested-investment-vetoes-bitcoin-reserve-bill\">only to be vetoed by Governor Katie Hobbs<\/a>. The bill proposed permitting the investment of seized funds into BTC. <\/p>\n<p>There remains the related SB 1373, which would allow up to 10% of Arizona state funds to be allocated into digital assets. This bill has yet to reach a final vote.<\/p>\n<p><strong><em>Read More: <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2025\/04\/25\/swiss-national-bank-rejects-calls-to-add-bitcoin-reserves\">Swiss National Bank Rejects Calls to Add Bitcoin Reserves<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Florida has withdrawn two bills related to the creation of a state-level strategic bitcoin (BTC) reserve. House Bill 487 and Senate Bill 550 have been &#8220;indefinitely postponed and withdrawn from consideration,&#8221; according to the state Senate website. The two bills, which were both filed in February, sought to allow investment of public funds in BTC. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25348","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25348"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25348\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}