Summary
- Reported that Florida filed a bill to allow a portion of public funds to be invested in Bitcoin (BTC) and digital assets.
- It states the bill would allow the state chief financial officer (CFO) and the state administrative commission to invest in and manage Bitcoin and digital asset exchange-traded products (ETPs).
- The bill's filing is a notable change for investors in that it allows public funds to invest in digital assets.
On the 16th (local time), according to crypto-focused media CryptoBriefing, Florida filed a bill to allow a portion of public funds to be invested in Bitcoin (BTC) and digital assets.
House Bill 183 (HB183), introduced by Representative Webster Barnaby, contains provisions that would allow the state chief financial officer (CFO) and the state administrative commission to invest in and manage Bitcoin and digital asset exchange-traded products (ETPs).
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
