Florida pushes forward with crypto reserve plan, state government aims to independently manage digital asset investments

2026-01-08 13:01:54

【Crypto World】Legislators in Florida are not giving up. Following the cold reception of an earlier proposal, Republican Congressman John Snyder reintroduced a new bill on January 7 for the 2026 legislative session—House Bill 1039 (HB 1039).

This time, their idea is clearer: to establish an independent “Strategic Cryptocurrency Reserve Fund” managed by the state government, meaning this digital asset investment will be separated from the regular state financial system. Who will oversee it? The Florida Chief Financial Officer (CFO), but only under a predefined risk control framework.

From this development, it appears that attitudes toward crypto assets across US states are quietly changing. It’s no longer simply about banning or not banning, but about seriously considering how to incorporate digital assets into official balance sheets, or even establishing dedicated reserves. This reflects a gradual recognition of cryptocurrencies as a different class of assets.

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SolidityNewbie

· 29m ago

Florida is really serious this time, managing crypto reserves independently? It seems like all US states are secretly learning from El Salvador.

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FloorPriceNightmare

· 01-10 08:45

Florida really wants to play, huh? Independent funds sound quite professional, but isn't the CFO management worried about mishaps?

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CodeAuditQueen

· 01-09 14:10

Here we go again with this independent management approach... Is it just the CFO's responsibility? Who will audit the risk control framework for this reserve? How can the audit report ensure there are no vulnerabilities? What about the private key management scheme? That's the real attack vector.

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FlashLoanKing

· 01-08 13:30

Florida is really going all out this time, independently managing the reserve fund... It seems the US government has finally woken up.

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FreeRider

· 01-08 13:20

Is this Florida's move real or not? They actually set up an independent fund pool... Probably trying to copy El Salvador's approach.

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WalletWhisperer

· 01-08 13:18

watching florida segregate crypto reserves into its own silo... the behavioral patterns here are screaming accumulation psychology. they're literally creating institutional wallet clustering at state level, which statistically precedes major price discovery. ngl, the framework constraints they're imposing feel like they're hedging against their own FOMO in 2-3 years.

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BottomMisser

· 01-08 13:06

Florida is really going all out this time, with an independent fund system... It sounds like they want to avoid federal oversight.

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