Florida Proposes Crypto Reserve Legislation Again, Aiming to Include Digital Assets in State Government Balance Sheet

Odaily News Florida lawmakers are once again pushing for legislation to include digital assets in the state government's balance sheet. Following the earlier blockage of a related proposal this year, they have reintroduced a plan to establish a state-led cryptocurrency reserve program.

The bill was submitted by Republican Representative John Snyder on January 7th for the 2026 legislative session. House Bill 1039 (HB 1039) proposes the creation of a "Strategic Cryptocurrency Reserve Fund" independent of the state treasury system. It authorizes the Florida Chief Financial Officer (CFO) to manage cryptocurrency asset investments under an established risk control framework. (CoinDesk)