Florida senators have introduced two bills on cryptocurrency reserves.

According to Florida Politics, Florida Senator Joe Gruters has introduced two bills to establish a "Florida Strategic Cryptocurrency Reserve," managed by the state's chief financial officer, as part of the state government's long-term fiscal and asset allocation strategy. The reserve would be funded by legislative appropriations, related fiscal revenues, and the purchase of crypto assets, allowing investments only in mainstream cryptocurrencies with an average market capitalization of at least $500 billion over the past two years. An advisory committee and a regular reporting mechanism would also be established. The plan is currently in the proposal stage and needs to be reviewed and voted on during the 2026 legislative session.