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Florida Reinstates Cryptocurrency Strategic Reserve Act in 2026
On January 8, according to CoinDesk, Florida lawmakers are pushing forward with legislation to include digital assets on the state government’s balance sheet. After a related proposal was blocked earlier this year, they are once again proposing the establishment of a cryptocurrency reserve program led by the state government. The bill was submitted by Republican Representative John Snyder on January 7 for the 2026 legislative session. House Bill 1039 (HB 1039) proposes to establish an independent “Strategic Cryptocurrency Reserve Fund” outside the state financial system and authorizes Florida’s Chief Financial Officer (CFO) to manage crypto asset investments within an established risk control framework.