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Investing.com -- U.S. Representative Byron Donalds, who is running for Florida Governor in 2026, has expressed his interest in integrating Bitcoin into the state’s financial portfolio. Donalds, who has received the endorsement of President Donald Trump, sees this potential move as a way to establish Florida as a worldwide financial center.
"Big thing, Florida will become the financial hub of the world, not just America, but of the world," Donalds said on Fox News. " Digital assets have really found a home in Miami-Dade. We want to build upon that framework."
The representative plans to utilize the expanding digital asset sector in Miami-Dade to bolster the state’s economic resilience and stability against possible future economic downturns. His strategy revolves around leveraging the growth of digital assets to strengthen Florida’s financial standing.
"And one of the things with the state’s portfolio I want to be able to do is probably add Bitcoin to be a piece of the state’s financial portfolio," he added. "It’s really proven to be a great holder of value and of wealth. And if we incorporate that into our state’s balance sheet, it could be something that will help us weather any potential future storms economically in the future.’
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