Florida Joins State Bitcoin Reserve Push with First Committee Approval of HB 487

Quick Summary:

Florida has taken its first legislative step toward holding Bitcoin as a state reserve asset.

On April 10, the House Insurance and Banking Subcommittee unanimously passed House Bill 487 (HB 487).

This rare bipartisan support positions Florida alongside states like Arizona and New Hampshire in the Bitcoin reserve race.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Bitcoin Florida BTC Bitcoin News Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 11:33:31 (4 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 284 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27790782

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 5 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 15 hours ago

Coverage Areas: United Arab Emirates

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