Florida Proposes Bill to Invest Public Funds in Bitcoin

The post Florida Proposes Bill to Invest Public Funds in Bitcoin appeared first on Coinpedia Fintech News

In a recent development, Florida Senator Joe Gruters has proposed a bill to allow public funds investment in Bitcoin. The bill called “SB 550: Investments of Public Funds in Bitcoin,” would allow the state’s Chief Financial Officer (CFO) to invest various public funds in Bitcoin and other cryptocurrencies. This includes funds like the General Revenue …