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Florida Drops Bitcoin Reserve Plans

Bitcoin (BTC) Price Prediction Here are the Top Predictions for May 2025

The post Florida Drops Bitcoin Reserve Plans appeared first on Coinpedia Fintech News

Florida’s proposed Bitcoin Reserve Bills, HB 487 and SB 550, have officially failed. The state legislature ended its 2025 session on May 2 without taking a vote on either measure. As a result, both bills were indefinitely postponed and withdrawn from further consideration. The proposals aimed to establish a Bitcoin reserve for the state, but they didn’t gain enough traction to move forward. With the session closed, any similar effort would need to be reintroduced in a future session.

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