News
Florida’s House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration.”
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Florida News
Florida is a state in the southeast of the United States. Florida is the third state in the U.S. in terms of population and it has large cities such as Miami, Jacksonville, Orlando, etc. Florida has a strong economy that is equal to the economy of the whole of Australia, and the state is one the fourth place in the USA by GDP. In terms of Bitcoin in Florida, this state has all opportunities for cryptocurrency to develop. Even after cases of money laundering in Florida, local authorities haven’t prohibited the use of crypto and hasn’t created any Florida Bitcoin regulation. For instance, in 2017 there was a successful example of selling real estate in BTC. Moreover, there are many Bitcoin ATMs in Florida, so citizens from various cities can easily buy cryptocurrency. Besides that, many Bitcoin conferences take place in Florida.
- News
Metaplanet announced it will launch a US-based subsidiary to expand its Bitcoin accumulation strategy, aiming to raise up to $250 million and tap into US institutional investors.
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US District Judge Barbara Rothstein said she granted the motion because the two lawsuits were very similar and it would promote efficiency and avoid duplicative litigation.
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New Hampshire is now the fourth US state to see a Bitcoin reserve bill pass through one legislative chamber, while a Florida House committee has advanced a similar bill.
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Crypto-friendly Republicans Jimmy Patronis and Randy Fine have won Florida’s special elections for the 1st and 6th Congressional Districts of the US House.
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Two special elections have the potential to narrow Republicans’ majority in the House of Representatives, but many experts suggested the races are a long shot for Democrats.
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The two Republican candidates, Randy Fine and Jimmy Patronis have been outspoken supporters of crypto innovation.
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California has the largest investment in Strategy stock with more than $150 million held in state retirement funds, says Bitcoin analyst Julian Fahrer.
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CluCoin founder Austin Michael Taylor asked a judge to sentence him to probation after he copped to wire fraud for a $1.1 million crypto scheme.
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Florida Senator Joe Gruters argued that the state “should have access to tools such as Bitcoin to protect against inflation.”
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A US court fined the Brazilian founders of EmpiresX over $130 million for operating a fraudulent crypto scheme that misled investors.
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Republicans Jimmy Patronis and Randy Fine have a good chance of winning their respective races for Florida House districts on April 1.
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Sovereign pension funds are increasingly seeking exposure to Bitcoin following the introduction of spot ETFs in the United States.
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Florida’s elected Chief Financial Officer and Fire Marshal Jimmy Patronis says his letter follows Donald Trump’s plans for a national stockpile of Bitcoin.
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A federal judge in Florida recognized the HYDRO token as an investment contract qualifying as a security under SEC guidelines.
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