On January 8, according to CoinDesk, Florida lawmakers are pushing forward with legislation to include digital assets on the state government’s balance sheet. After a related proposal was blocked earlier this year, they are once again proposing the establishment of a cryptocurrency reserve program led by the state government. The bill was submitted by Republican Representative John Snyder on January 7 for the 2026 legislative session. House Bill 1039 (HB 1039) proposes to establish an independent “Strategic Cryptocurrency Reserve Fund” outside the state financial system and authorizes Florida’s Chief Financial Officer (CFO) to manage crypto asset investments within an established risk control framework.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Florida Reinstates Cryptocurrency Strategic Reserve Act in 2026
On January 8, according to CoinDesk, Florida lawmakers are pushing forward with legislation to include digital assets on the state government’s balance sheet. After a related proposal was blocked earlier this year, they are once again proposing the establishment of a cryptocurrency reserve program led by the state government. The bill was submitted by Republican Representative John Snyder on January 7 for the 2026 legislative session. House Bill 1039 (HB 1039) proposes to establish an independent “Strategic Cryptocurrency Reserve Fund” outside the state financial system and authorizes Florida’s Chief Financial Officer (CFO) to manage crypto asset investments within an established risk control framework.