TechFlow news, on February 8, according to The Block, Florida Republican Senator Joe Gruters introduced a bill proposing to allow the state to invest in Bitcoin and other cryptocurrencies. According to the bill, the Chief Financial Officer of Florida may not invest more than 10% of total funds in Bitcoin across any account. Funding sources include the General Revenue Fund, Budget Stabilization Fund, trust funds, and agency funds of state agencies and judicial departments.
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