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Crypto News

The possible governor of Florida plans to Bitcoin in the public budget

A member of the supportive Congress of Petkoin Beiron Donalds announced his candidacy for the Florida ruler during his appearance on Hanity Fox News. The Republican legislator, who is currently representing the nineteenth Congress region in Florida, stressed his vision to make Sunshine a global financial center, and may integrate the cryptocurrency into the state’s official portfolio.

Florida ruler in the future wants bitcoin

Donalds noticed his multi -faceted platform, setting strategies to reduce insurance costs in Florida, enhance environmental protection, and enhance the educational standards of the state. In observations that reflect the increasing institutional interest in digital assets, specifically High Crypting floor:

“I want to turn Florida into the world’s financial axis. I have made digital assets a house in southern Florida. I want to make sure that we have become the most business country in our country for companies to integrate it into our state. But then also that the state take the initiative of the cryptocurrency and digital assets. I will consider the encryption that it is part of the financial state portfolio. “

The announcement of a member of Congress also received support from former President Donald Trump, who publicly praised Donalds and welcomed his entry into the Ruler’s race. Donalds was a strong ally of Trump on the campaign’s path, which increased the reinforcement of his credentials within the conservative wing of the Republican Party.

Shortly after the Donalds announcement, Dennis Porter – founder and director of the Satoshi Fund, made procedures – to X to highlight the importance of a member of the Congress member. Porter’s Da`wah Group has played a fundamental role in promoting bitcoin legislation, including the introduction of strategic bitcoin reserves (SBR) in many US states.

“Congress member Peron Donalds announces the attempt of Florida and Wiol’s attempt I mentioned He continued, emphasizing the Donals focus on BTC in particular: “The next possible ruler of Florida is ready to add Bitcoin to the public budget.”

This conversation also prompted a response from the X Jimmy Kostro user, who indicated, “Chefir said in this video.” “Bitcoin is an encryption”, but then explained the logical basis for BTC distinction from other digital currencies: “Bitcoin is unique and self on its own. There is no better second. But saying that it is not an encryption like saying gold is not metal. […] It is best for people to say: “Bitcoin is different from all other cryptocurrencies” from “Bitcoin is not an encrypted currency.” But I also understand why people say that the latter is important to discrimination. “

Donalds’s comments reach BTC’s increasing interest throughout the state. Florida lawmakers are currently reviewing legislation (SB 550) that will formally create SBR, allowing the state’s financial manager to invest up to 10 % of Florida’s funds in Bitcoin. The sponsor of the draft law is nothing but Senator Joe Groits, who is also the treasurer of the National Republican Committee (RNC) and received a reputation in defending pro -BTC initiatives.

At the time of the press, BTC was traded at $ 89.078.

Bitcoin price
BTC needs to restore $ 91,6K, one day chart source: BTCUSDT on Tradingview.com

Distinctive image created with Dall.e, Chart from TradingView.com

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