Potential Florida Governor Plans Bitcoin On Balance Sheet Trending Global News

Pro-Bitcin Congress Biren Donalds has announced his candidature for the governorship of Florida during an appearance on Fox News’ Hanti. Republican MPs, currently representing the 19th Congress district of Florida, underlined their vision to make the Sunshine state a global financial center, possibly included cryptocurrency in the official portfolio of the state.

Future Florida Governor wants bitcoin

Donalds noted its versatile platform, underlining strategies to reduce the insurance costs of Florida, strengthen environmental security and increase the state’s educational standards. In particular, showing the increasing institutional interest in digital assets Thrown light on Role of Crypto:

“I want to convert Florida into the world’s financial center. Digital assets have built a house in South Florida. I want to make sure that we become the most business friendly state in our country to join our state in our country. But then to take an edge over cryptocurrency and digital assets for the state. I will also consider being a part of the financial portfolio of the Crypto state. ,

The announcement of the Congress’ campaign also received the support of former President Donald Trump, who openly praised Donalds and welcomed his entry into the Guberonorial Race. Donalds has been a staunch associate of Trump on the campaign mark, and strengthens its credibility within the Republican party’s conservative wing.

Shortly after the announcement of Donalds, the Dennis Porter -Founder and the CEO -CEO of Satoshi Action Fund got X to highlight the importance of Congress’ statements. Porter’s advocacy group has been important in promoting bitcoin law, including the introduction of strategic Bitcoin Reserve (SBR) bills in many American states.

“Congress Biren Donalds announced a bid for the Governor of Florida and said that he wants digital property to become part of the state’s ‘financial portfolio’, Porter Stated And continued, emphasizing the attention of Donalds, especially on BTC: “Florida’s next potential governor is ready to add bitcoin to the balance sheet.”

The conversation also inspired the X user Jimmy Kostro’s response, who said, “He said Crypto in this video.” Porter replied, “Bitcoin is a crypto,” but then explained his argument to separate BTC from other digital currencies: “Bitcoin is unique and stands on its own. No one else is the best. It is not a crypto, as it is to say that gold is not a metal. […] I like to say to people: ‘Bitcoin is different from all other cryptocurrency’ compared to ‘Bitcoin is not a cryptocurrency.’ But I also understand why people call the latter because it is important to differentiate. ,

Donalds’s comments come across the state amidst increasing interest in BTC. Florida MPs are currently reviewing the law (SB550), which will formally establish the SBR, allowing the state’s Chief Financial Officer to invest 10% of Florida money in bitcoin. Bill sponsor Senator Joe Grutors is none other than Grutters, who also serves as the treasurer of the Republican National Committee (RNC) and has earned a reputation to make the Pro-BTC initiative a champion.

At the press time, BTC traded at $ 89,078.

Image made with Dall.E, chart from traudingview.com