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SB 1038·FL·senate

Florida Strategic Cryptocurrency Reserve

FailedFiled Dec 30, 2025
Sponsor: Banking and Insurance
Latest Action

Died in Appropriations Committee on Agriculture, Environment, and General Government

Mar 13, 2026

Summary

The bill would set up a Florida Strategic Cryptocurrency Reserve and give the chief financial officer authority to buy, hold, trade and use derivatives of large‑cap cryptocurrencies, subject to defined conditions. It establishes an advisory committee, requires biennial reporting by the CFO, and limits the reserve’s use to investment activities and covering its own costs. The measure failed to pass.

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