Florida 2026 Cryptocurrency Strategic Reserve Act

BlockBeats News, January 8th, according to CoinDesk, Florida lawmakers are reintroducing legislation to incorporate digital assets into the state government's balance sheet, following a stalled proposal earlier this year, once again proposing to establish a state-led cryptocurrency reserve plan.

The bill, sponsored by Republican Representative John Snyder, was introduced on January 7th for the 2026 legislative session. House Bill 1039 proposes establishing a separate "Strategic Cryptocurrency Reserve Fund" outside of the state's treasury system and authorizing the Florida Chief Financial Officer (CFO) to oversee cryptocurrency investments within an established risk framework.