{"id":5438,"date":"2026-01-09T09:12:54","date_gmt":"2026-01-09T09:12:54","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=5438"},"modified":"2026-01-09T09:12:54","modified_gmt":"2026-01-09T09:12:54","slug":"florida-advances-proposal-for-standalone-bitcoin-reserve-ahead-of-2026-session","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=5438","title":{"rendered":"Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_f19eac95accd08bb279b752c7a3622f1\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Florida\u2019s SB 1038 proposes a \u201cStrategic Cryptocurrency Reserve\u201d to hold Bitcoin, managed separately from general state funds by the Chief Financial Officer.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bill restricts purchases to assets with a $500 billion average market cap, effectively making Bitcoin the only eligible cryptocurrency for the state\u2019s treasury.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Unlike failed 2025 efforts to invest in pension funds, this narrow plan establishes a dedicated advisory committee and strict custody rules to diversify Florida\u2019s holdings.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Florida is considering a bill to set up a state-controlled Bitcoin reserve. It would be run by the state\u2019s Chief Financial Officer (CFO) and kept separate from the normal state funds, with its own storage and reporting rules.<\/p>\n<p>The Senate Bill SB 1038 effectively allows only Bitcoin because it requires a very large market size. Supporters say it could help protect against inflation and diversify the state\u2019s holdings.\u00a0<\/p>\n<p>If this one passes, Florida would be among a small group of states moving toward holding crypto in public finances, including New Hampshire, Texas, Arizona, and Wyoming.<\/p>\n<p><strong>Read more:<\/strong> SCI Reprieve Lifts Strategy Shares, Keeps Crypto Treasury Firms in Indexes<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-a-new-attempt\">A New Attempt<\/h2>\n<p>Florida has tried similar ideas before. Broader bills in the 2025 session that would have allowed parts of public funds to be invested in BTC stalled and died in committee, and another pending House proposal for 2026 would allow up to 10% of certain funds to go into digital assets and related products.\u00a0<\/p>\n<p>Instead of spreading crypto exposure across existing state funds, the measure creates a separate \u201cFlorida Strategic Cryptocurrency Reserve.\u201d It sets specific custody standards, requires regular reporting, and calls for an advisory committee to oversee how the reserve is run.<\/p>\n<p>A different bill already filed for 2026 by Rep. Webster Barnaby would take a much wider approach, allowing up to 10% of certain state and local funds to be allocated to digital assets and exchange-traded products, including areas that touch pensions and multiple trust funds. Gruters\u2019 plan is narrower, keeping any Bitcoin exposure inside a dedicated reserve.<\/p>\n<p><strong>Read more:<\/strong> TD Cowen Warns Midterms Could Stall Crypto Market Structure Push<\/p>\n<\/p><\/div>\n<p>Bitcoin,Bitcoin Reserve,Law#Florida #Advances #Proposal #Standalone #Bitcoin #Reserve #Ahead #Session1767949974<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Florida\u2019s SB 1038 proposes a \u201cStrategic Cryptocurrency Reserve\u201d to hold Bitcoin, managed separately from general state funds by the Chief Financial Officer. The bill restricts purchases to assets with a $500 billion average market cap, effectively making Bitcoin the only eligible cryptocurrency for the state\u2019s treasury. Unlike failed 2025 efforts to invest in pension funds,<\/p>\n","protected":false},"author":1,"featured_media":5439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1007,1011,91,1006,1008,1010,1012,1009],"class_list":{"0":"post-5438","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-advances","9":"tag-ahead","10":"tag-bitcoin","11":"tag-florida","12":"tag-proposal","13":"tag-reserve","14":"tag-session","15":"tag-standalone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=5438\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session\" \/>\n<meta property=\"og:description\" content=\"Florida\u2019s SB 1038 proposes a \u201cStrategic Cryptocurrency Reserve\u201d to hold Bitcoin, managed separately from general state funds by the Chief Financial Officer. The bill restricts purchases to assets with a $500 billion average market cap, effectively making Bitcoin the only eligible cryptocurrency for the state\u2019s treasury. Unlike failed 2025 efforts to invest in pension funds,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=5438\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-09T09:12:54+00:00\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5438\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=5438\",\"name\":\"Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5438#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5438#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/florida-bitcoin-reserve.jpeg\",\"datePublished\":\"2026-01-09T09:12:54+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5438#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=5438\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5438#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/florida-bitcoin-reserve.jpeg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/florida-bitcoin-reserve.jpeg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5438#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session - Crypto News: Latest Cryptocurrency News and Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=5438","og_locale":"en_US","og_type":"article","og_title":"Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session","og_description":"Florida\u2019s SB 1038 proposes a \u201cStrategic Cryptocurrency Reserve\u201d to hold Bitcoin, managed separately from general state funds by the Chief Financial Officer. The bill restricts purchases to assets with a $500 billion average market cap, effectively making Bitcoin the only eligible cryptocurrency for the state\u2019s treasury. Unlike failed 2025 efforts to invest in pension funds,","og_url":"https:\/\/cryptonews.uk.com\/?p=5438","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-01-09T09:12:54+00:00","author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=5438","url":"https:\/\/cryptonews.uk.com\/?p=5438","name":"Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=5438#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=5438#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/florida-bitcoin-reserve.jpeg","datePublished":"2026-01-09T09:12:54+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=5438#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=5438"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=5438#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/florida-bitcoin-reserve.jpeg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/florida-bitcoin-reserve.jpeg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=5438#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Florida Advances Proposal for Standalone Bitcoin Reserve Ahead of 2026 Session"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto &amp; Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/5438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5438"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/5438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/5439"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}