Latest News and Articles about Florida

Florida Proposes 10% Bitcoin Investment to Hedge Inflation – Is This the Future of State Finance?

11 February 2025 Daily Feed Bitcoin, Florida, Inflation Hedge, State Investment

Florida Proposes Bitcoin Investment to Combat Inflation – A New Trend in State Finance? Florida Senator Joe Gruters has introduced a groundbreaking proposal that could reshape the state’s financial strategy. On February 7, 2025, Gruters unveiled Senate Bill 550, which would allow Florida to invest up to 10% of certain state funds in Bitcoin. This […]

Federal Reserve Rejects Bitcoin Reserves, Yet States Forge Ahead

4 February 2025 Daily Feed Bitcoin Reserve, Federal Reserve, Florida, Texas

Bitcoin Reserve Dreams Dashed by Federal Reserve, Yet States Like Texas and Florida Charge Ahead Austan Goolsbee, President of the Federal Reserve Bank of Chicago, has made it clear that the Federal Reserve isn’t warming up to the idea of holding Bitcoin as a reserve asset anytime soon. Despite the crypto community’s enthusiasm for a […]