{"id":25396,"date":"2025-05-06T14:02:22","date_gmt":"2025-05-06T14:02:22","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25396"},"modified":"2025-05-06T14:02:22","modified_gmt":"2025-05-06T14:02:22","slug":"florida-presses-pause-on-bitcoin-reserve-bill-heres-what-happened","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25396","title":{"rendered":"Florida Presses Pause On Bitcoin Reserve Bill: Here&#8217;s What Happened"},"content":{"rendered":"<div>\n<p>Florida has stepped back from a proposal to allow <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/45058619\/arizona-moving-to-convert-up-to-10-of-its-treasury-to-bitcoin-legislature-clears-bills-paving-way-for-strategic-crypto-reserve\">state-managed public funds<\/a> to invest in <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), after House Bill 487 (HB 487) was withdrawn from legislative consideration alongside its companion Senate Bill 550.<\/p>\n<p><strong>What Happened: <\/strong>The withdrawal was formally recorded on May 3, a day after the Florida Legislature adjourned its 2025 session, according to public records, The Block <a href=\"https:\/\/www.theblock.co\/post\/353188\/florida-indefinitely-postpones-two-strategic-bitcoin-reserve-bills?utm_source=rss&amp;utm_medium=rss\">reported<\/a>.<\/p>\n<p>As a result, both bills were indefinitely postponed and withdrawn from consideration, with no vote taking place in either chamber.<\/p>\n<p>House Bill 487, introduced in February 2025, sought to expand the investment authority of the Florida Chief Financial Officer (CFO) by permitting the use of state-managed investment pools for purchasing Bitcoin. <\/p>\n<p>Specifically, the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45222346\/florida-presses-pause-on-bitcoin-reserve-bill-heres-what-happened\" alt=\"Florida\" presses pause on bitcoin reserve bill: here what happened>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Florida has stepped back from a proposal to allow state-managed public funds to invest in Bitcoin (CRYPTO: BTC), after House Bill 487 (HB 487) was withdrawn from legislative consideration alongside its companion Senate Bill 550. What Happened: The withdrawal was formally recorded on May 3, a day after the Florida Legislature adjourned its 2025 session, [&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-25396","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\/25396","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=25396"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25396\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}