Florida Republican representatives pledge to include Bitcoin in state financial reserves

2025-03-05 10:29:03

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ChainCatcher news, VanEck's Director of Digital Asset Research Matthew Sigel disclosed that Florida Republican Representative and gubernatorial candidate Byron Donalds pledged on Fox News to support incorporating Bitcoin into the state's reserves.

Donalds proactively stated, "Digital assets have found a home in Miami-Dade County. We want to continue to develop within this framework. For the state's portfolio, I hope to include Bitcoin as part of the state financial portfolio."

Donalds emphasized that Bitcoin has proven to be an excellent store of value and wealth, and incorporating it into the state's balance sheet would help address potential economic storms in the future. He also stated, "Florida will become a global financial center, not just for the United States, but for the entire world."

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