Florida is stepping into the crypto spotlight with Senate Bill 550, proposing to allocate up to 10% of state funds to Bitcoin. The legislation aims to leverage digital assets as a hedge against inflation across state-managed funds. If approved, it could position Florida as a leader in government-backed digital asset investment and signal a broader political shift toward cryptocurrency-friendly policies in the U.S. As Florida takes this bold step, will this decision influence other states to take similar actions?
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