Florida Lawmaker Refiles Crypto Bill To Let State Invest In Bitcoin, ETFs, NFTs
Florida House Republican Webster Barnaby has refiled a crypto reserve bill after a previous effort failed, expanding it from allowing investments in Bitcoin alone to crypto ETFs, NFTs, and other blockchain-based assets. The legislation, Florida House Bill 183, would allow up to 10% of certain public funds, including pension assets, to be allocated to digital assets. It also introduces new custody, documentation, and fiduciary standards for holding and lending these assets. By expanding the scope to multiple cryptocurrencies and ETFs, the revision gives the state more investment flexibility while meeting regulatory and oversight requirements. 🇺🇸 NEW: Florida files first Strategic Bitcoin Reserve bill of the 2026 legislative session. House Bill 183 would allow the state to invest 10% of public funds in digital assets, and permits retirement fund investment. pic.twitter.com/sI4bUBiiB3 — Bitcoin Laws (@Bitcoin_Laws) October 16, 2025 The bill would also allow...