BlockBeats News, May 6th, according to Cointelegraph's report, two cryptocurrency bills in Florida have been removed from the legislative process, dealing the latest blow to the United States' state-level strategic Bitcoin reserve goal. The Florida State Senate stated that House Bill 487 and Senate Bill 550 in Florida were "indefinitely postponed and withdrawn from consideration" on May 3rd.
The Florida State Legislature adjourned on May 2nd without passing these two bills, which aimed to advance legislation for the state to establish a cryptocurrency reserve.
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