Another incident has occurred! Florida originally wanted to create a bill for a Bitcoin strategic reserve, but it has been withdrawn in the past two days. It seemed promising at first, but now it has completely fallen through, which is bad news for the cryptocurrency community.
Florida Senate withdraws consideration of Bitcoin strategic reserve bill.
The Florida House Bill 487 and Senate Bill 550 were supposed to promote the establishment of cryptocurrency reserves, but they were indefinitely postponed on May 3rd and directly withdrawn from the legislative process. The Florida legislative session adjourned on May 2nd, and these two bills did not manage to pass in time.
If this had happened in the past, there might have been some hope in the cryptocurrency community, but since Trump took office, the cryptocurrency world has been in turmoil, with negative news coming one after another. Now that Florida's bill has fallen through, life in the cryptocurrency space is going to be even harder. $BTC
