Florida takes strategic Bitcoin reserve bills off the table

Florida takes strategic Bitcoin reserve bills off the table

Florida’s House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration.” Two Florida crypto bills have been removed from the legislative process in the latest blow to American state-level strategic Bitcoin reserve ambitions.  Florida’s House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration” on…

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Florida draft law mandating encryption backdoors for social media accounts billed ‘dangerous and dumb’

Florida draft law mandating encryption backdoors for social media accounts billed ‘dangerous and dumb’

A Florida draft bill that would require social media companies to provide encryption backdoors for law enforcement officials to access user accounts has cleared a key legislative hurdle and will now advance to the state’s Senate floor for a vote. Florida lawmakers unanimously approved pushing the bill through committee, per Florida Politics.  The “Social Media…

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Bitcoin reserve bills advance in New Hampshire, Florida

Bitcoin reserve bills advance in New Hampshire, Florida

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. New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its…

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Crypto PAC-backed Republicans win US House seats in Florida special elections

Crypto PAC-backed Republicans win US House seats in Florida special elections

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. Two Republicans who received a combined $1.5 million from the crypto-backed political action committee (PAC) Fairshake will enter the US House after winning special elections in Florida. Republican Jimmy Patronis won the…

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