News with the tag "Florida"

A powerful network of crypto Super PACs is making its influence felt in Florida’s upcoming April 1 special elections for the U.S. House of Representatives. According to a March 21 report by Politico, the network—comprising Fairshake, Defend American Jobs, and Protect Progress—is pouring significant ...

The crypto industry’s Fairshake political action committee is flooding Republican candidates with last-minute money in special congressional elections in Florida. Two U.S. House of Representatives seats had been opened by resignations when their occupants were tapped for posts in President Donald Tr...

Hold onto your hats, crypto enthusiasts! The Sunshine State might just be turning even brighter for Bitcoin. Imagine Florida, known for its beaches and oranges, potentially becoming a pioneer in digital asset adoption on a state level. This isn’t just chatter; a Republican gubernatorial candidate, B...

Pro-Bitcoin Congressman Byron Donalds has announced his candidacy for the Florida governorship during an appearance on Fox News’ Hannity. The Republican lawmaker, currently representing Florida’s 19th congressional district, underscored his vision for making the Sunshine State a global financial hub...

Florida’s Strategic Bitcoin Reserve (SBR) bill could put the cryptocurrency on the state’s balance sheet—while also potentially reshaping the Republican Party’s stance. The bill, officially known as “SB 550: Investments of Public Funds in Bitcoin,” has gained momentum in Tallahassee and drawn nation...

A federal court has ordered a Florida resident who operated a digital asset fraud scheme years ago to pay millions of dollars in restitution, according to the U.S. Commodity Futures Trading Commission (CFTC). The CFTC says that the U.S. District Court for the District of Massachusetts has imposed a ...

North Carolina and Florida recently introduced legislative proposals to incorporate Bitcoin into their state financial strategies, joining a rising number of U.S. states exploring digital asset investments. Florida and North Carolina Consider Bitcoin Reserves for State Treasuries Florida Senator Joe...

The American state of Florida could be one of the pioneering local governments that allows a percentage of its state funds for cryptocurrency investments, particularly Bitcoin. Florida Senator Joe Gruters has filed a bill that would permit the US state to use 10% of its funds to buy Bitcoin. This po...

Is Florida about to become a Bitcoin bastion? Buckle up, crypto enthusiasts, because a potentially game-changing development is unfolding in the Sunshine State. Republican Senator Joe Gruters has just dropped a bombshell in the form of a bill that could allow Florida to invest state funds in Bitcoin...

Florida Republican Senator Joe Gruters has introduced a bill proposing that the state allocate a portion of its funds to Bitcoin and other digital assets as a hedge against inflation. The proposal follows similar legislative moves by other U.S. states exploring Bitcoin adoption in their financial re...