Florida Greenlights Bitcoin Bill in Unanimous Committee Vote
On April 10, 2025, Florida’s House Insurance and Banking Committee unanimously approved House Bill 487, also called the Strategic Bitcoin Reserve Bill, allowing public funds to be invested in Bitcoin. With zero opposition in the committee, the bill now moves to the full legislature for further debate. While it hasn’t become law yet, this marks a major step toward legitimizing Bitcoin as part of Florida’s financial future and could influence other states to follow suit.
