Florida Reintroduces Crypto Reserve Legislation, Proposes Including Digital Assets on State Government Balance Sheet

According to Odaily, Florida state legislators are once again pushing legislation to include digital assets on the state government's balance sheet, after a similar proposal was blocked earlier this year. The new initiative aims to establish a state-led cryptocurrency reserve program.

The bill was submitted by Republican Representative John Snyder on January 7 for the 2026 legislative session. House Bill 1039 (HB 1039) proposes the creation of a "Strategic Cryptocurrency Reserve Fund" that operates independently from the state’s financial system, and authorizes Florida’s Chief Financial Officer (CFO) to manage cryptocurrency investments under an established risk control framework.