Florida pushes forward with cryptocurrency reserve plan, intends to establish an official digital asset fund

【Blockchain Rhythm】Legislators in Florida are planning to push new measures again. On January 7th, Republican Congressman John Snyder submitted a new bill to the 2026 legislative session—House Bill 1039 (HB 1039), which centers on establishing a “Strategic Cryptocurrency Reserve Fund.”

This is not unfounded. Earlier, the state faced obstacles in advancing similar proposals, but this time, the legislators clearly haven’t given up. The special feature of the new proposal is that this fund operates independently of the state financial system and is managed entirely by the Florida Chief Financial Officer (CFO). In other words, the state government intends to participate in digital asset investments with its own funds.

Here’s a key point: the bill explicitly requires operations within an established risk control framework. That is to say, although government-led, investment decisions won’t be made arbitrarily; they must meet specific risk management standards. This reflects decision-makers’ interest in cryptocurrencies while maintaining a cautious attitude.

From a market perspective, if U.S. state governments truly start allocating digital asset reserves, what signals will that send to the crypto market? At the very least, it indicates that policy trends are moving toward greater acceptance. Florida’s move could potentially inspire other states to follow suit.