Florida has withdrawn two bills aimed at allowing investment of public treasury funds in Bitcoin, reflecting a cautious legislative approach to cryptocurrencies. This halt mirrors a broader trend among states hesitant to embrace digital assets due to regulatory uncertainties.
The Florida legislature did not pass the bills before the session's conclusion on May 2, 2025, signaling reluctance from lawmakers amidst ongoing concerns over Bitcoin's volatility.
While Florida steps back, states like Arizona continue to pursue legislation on crypto investments, indicating varied state-level approaches to digital assets.
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