Florida lawmakers have opened the 2026 legislative session with a proposal to add Bitcoin to the state's asset allocation. House Bill 183, submitted to the Florida House of Representatives, would allow the state's chief financial officer to invest up to 10% of designated public funds (including the general revenue fund, the budget stabilization fund, and various trust funds) in "digital assets" and exchange-traded products.

The bill reportedly defines digital assets as including Bitcoin, tokenized securities, and NFTs, and sets strict custody requirements: assets can be held by the chief financial officer, a qualified custodian, or an SEC-registered ETF. The bill cites the White House's March 2025 executive order establishing a federal "Strategic Bitcoin Reserve" as policy context, positioning Bitcoin as a potential store of value and inflation hedge for state finances. It is scheduled to take effect on July 1, 2026. (The Block)