Florida strokes laws on Bitcoin reserves because the state crypto adoption suffers setbacks.
Florida strokes laws on Bitcoin reserves because the state crypto adoption suffers setbacks.

- Florida's decision follows a broader trend legislative setbacks regarding Bitcoin reserve suggestions.
- Similar laws were placed on ice in states such as Wyoming, Pennsylvania, Oklahoma, Montana, North Dakota and South Dakota.
- Only 19 US states continue to actively explore laws in connection with state Bitcoin reserves.
Florida has withdrawn two central draft laws that aimed at creating a strategic Bitcoin (BTC) reserve to state level, which marks a significant break in the swing of the state crypto investment efforts in the USA.
The draft law of the house (House Bill) 487 and the Senate Act (Senate Bill) 550, both of which were introduced in February 2025, have now been "pushed undetroof and withdrawn from the test", according to the website of the Florida Senate .
The draft laws should authorize the use of public funds for investments in Bitcoin and signal a potential change in the administration of state reserves.
With her withdrawal, Florida becomes the more and more numerous states that are retreating from formal crypto reserve laws.
Several states stop BTC investment plans
Florida's decision follows a broader trend legislative setbacks regarding Bitcoin reserve suggestions.
Similar laws have been placed in states such as Wyoming, Pennsylvania, Oklahoma, Montana, North Dakota and South Dakota.
While many of these initiatives are still in early committee phases, only a few have made far enough progress to secure a complete legislative approval.
Arizona made the greatest progress with SB 1025 this year that had passed a vote in the state house before he was taken with a veto by governor Katie Hobbs.
The draft law would have allowed the investment of confiscated state funds in Bitcoin and presented the most advanced attempt at an institutional BTC adoption at the state level.
Despite the Vetos of SB 1025, Arizona continues to consider SB 1373, a separate proposal that would make it possible to assign up to 10% of state funds of digital assets, including Bitcoin.
This draft law has not yet reached a final vote, and his fate remains uncertain in the face of growing legislative caution.
loses Bitcoin legislation nationwide?
According to data from Bitcoin Laws , only 19 US states are still actively exploring laws in connection with state Bitcoin reserves (SBRS), whereby 36 draft laws are on discussion.
The number has dropped considerably in the past six months, which indicates increasing hesitation among the legislators due to market volatility, financial risks and regulatory uncertainty.
Much of this withdrawal is attributed to concerns how they were expressed by the governor of Arizona, Katie Hobbs, which referred to the lack of long -term historical data that support the stability or reliability of Bitcoin for the management of public funds.
Despite the slowdown at the state level, discussions about Bitcoin reserves at federal level gain drive.
President Donald Trump has reported a decree , which proves the feasibility of a national To check Bitcoin reserves system.
Nevertheless, there is skepticism. Bitmex co-founder Arthur Hayes recently argued that the United States would probably not significantly expand its crypto stocks and referred to deeply rooted financial conservatism and cultural resistance to Bitcoin.