Florida

On April 13, 2025, the Florida House of Representatives Insurance and Banking Committee unanimously approved Bill HB 487, paving the way for the establishment of a Bitcoin reserve fund in the state. This is an important step, affirming the growing role of cryptocurrency in the public financial system, bringing optimistic signals for the crypto market.

Bill HB 487: The Journey of Bitcoin Integration

Bill HB 487 allows the state of Florida to reserve Bitcoin as part of its financial fund, following the government #TRUMP with the national strategic Bitcoin reserve (as mentioned previously). Although it still needs to pass through three more committees – the Government Operations Committee, the Taxation and Budget Committee, and the Commerce Committee – before being voted on by the full state legislature, the approval in the Insurance and Banking Committee is a positive sign, indicating increasing support for cryptocurrency from U.S. lawmakers.

The Pi Network 🌐 is making waves in the crypto world again—this time with a major real-world adoption milestone! 🎉 Businesses in Florida, USA 🌞🏖️ have started accepting PI Coin as payment, marking a huge step toward mainstream usability! Let’s dive into this exciting development. 👇🔍

📌 What’s Happening in Florida?
Pi Network, a mobile-first cryptocurrency 📱⛏️ that aims to bring crypto to the masses, has seen growing merchant adoption in Florida. Some local businesses 🏬, including restaurants, retail stores, and service providers, are now accepting PI Coin as payment! 💳🪙
This move signals a new era of real-world crypto adoption 🌍—no longer just a mining project, Pi is becoming a usable currency! 💥

💡 Why Is This a Big Deal?
Pi Network has been one of the most anticipated blockchain projects, with millions of users worldwide 🌎📈. While many critics doubted its real-world use, this Florida adoption proves that Pi can function as a legitimate payment method! 💰✅
Here’s why it matters:
✔️ Real-World Utility – Businesses accepting PI Coin show that it’s not just a speculative asset, but an actual currency. 🏦🛍️
✔️ Boosts Credibility – Many crypto projects struggle to gain real-world adoption. Pi is proving the skeptics wrong! 🎯🔥
✔️ Encourages More Adoption – As Florida leads the way, other regions might follow. 🌎📢

🛒 What Can You Buy with PI Coin?
Early reports suggest that a variety of businesses are now open to accepting PI, including:
🍔 Restaurants & Cafés – Buy a meal with your mined Pi! 🍕🥤
🛍️ Retail Shops – Clothing, accessories, and more! 👗👟
💇‍♂️ Salons & Barbers – Get a fresh haircut with crypto! ✂️💈
💻 Tech Services – Some businesses now accept Pi for gadgets & repairs! 💾🔧
This is just the beginning—more businesses are expected to join as confidence in Pi’s future grows! 🚀

🔮 What’s Next for Pi Network?
With Florida setting the trend, could this be the start of a global movement? 🌍💭 Here’s what might happen next:
1️⃣ More U.S. States Join In 🇺🇸 – Other cities may start accepting Pi as its popularity grows! 📈
2️⃣ International Adoption 🌏 – Businesses worldwide might see Pi as an alternative to traditional payment systems. 💱
3️⃣ Pi’s Open Mainnet Launch ⏳ – A fully launched Pi blockchain would enable seamless transactions globally! 💻🔗
Pi’s long-awaited Open Mainnet is still on the horizon, and this Florida adoption could accelerate its launch! 🚀💡

💬 What Do You Think?
Is this the breakthrough moment for Pi Network? 🤔💭 Would you use PI Coin for daily transactions? 💳🛍️ Drop your thoughts in the comments below! 👇💬
#PiNetwork #CryptoAdoption #Bitcoin #Florida #Blockchain 🚀
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The cryptocurrency market has just received extremely positive news: The state of Georgia (USA) has introduced its second Bitcoin Reserve bill (SB 228), allowing the state government to invest in Bitcoin without any limits on the amount. This is a significant step forward, demonstrating the increasing acceptance of Bitcoin in the traditional financial system.
Bitcoin Recognized as a Strategic Asset

On March 26, 2025, the state of North Carolina (US) attracted attention by proposing to allocate 5% of pension funds to crypto, following Indiana, Kansas, and Florida in this positive trend. As major states increasingly view Bitcoin and digital assets as the 'new gold,' the cryptocurrency market is experiencing a strong wave of optimism!

US States Compete to Embrace Crypto

North Carolina: Proposal for 5% of pension funds (~$135 billion total assets, 2024) into crypto, equivalent to $6.75 billion potential.

Florida is emerging as one of the pioneering states in integrating Bitcoin into its long-term financial strategy. According to Samuel Armes, President of the Florida Blockchain Business Association (FBBA), the state could begin plans to establish a Bitcoin reserve fund in the Q1 2025 legislative session.
Bold investment strategy
Florida proposes to allocate 1% of the $185.7 billion pension fund, equivalent to $1.857 billion, to invest in Bitcoin. Additionally, the state's $116.5 billion budget surplus for the 2024-2025 fiscal year could add another $1.16 billion to this fund.

Bitcoin mining companies are at a crucial crossroads: continue to compete fiercely in mining or pivot to AI to take advantage of available resources? While AI opens up a significant opportunity, adapting to the current infrastructure is not simple.

From Bitcoin Mining to AI – An Opportunity Not to Be Missed

At the Mining Disrupt conference taking place in #Florida this week, many leaders in the mining industry emphasized that AI is a long-term trend they cannot miss. Paul Li, CEO of mining technology company Fog Hashing, stated that the demand for AI computing power is increasing sharply, and this is the time for Bitcoin miners to take advantage to expand their operations.

The FBI recently thwarted a bold plot to kidnap a jeweler in Miami and steal 2 million USD in cryptocurrency. This plan, conceived by a mastermind nicknamed "Jack", was uncovered thanks to information from a confidential source.
The plot was prepared via Telegram
According to the documents from #FBI , "Jack" created a chat group on Telegram to coordinate the plan with accomplices, referring to them as "goons". In the chat group, messages clearly expressed "Jack"'s intent to kidnap the victim working at the Seybold building, who was believed to possess a large amount of cryptocurrency.

The acceptance of Bitcoin in the United States is entering a new phase as more states are considering legislation regarding holding BTC as a strategic asset. According to updates from @Bitcoin_Laws, there are currently 13 states in the process of discussing these legal frameworks.
Some notable developments:
#Montana : The bill allowing the state to invest in Bitcoin has passed the review stage in committee and is set to be voted on by the House.