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CS/CS/HB 175

Florida House bill in Session 2026.

Status: enrolled. Latest action: March 5, 2026.

Payment Stablecoin.

Bill ID FL-2026-HB-175
Session 2026
Status enrolled
Committee Insurance & Banking Subcommittee Referred to Commerce Committee Now in Insurance & Banking Subcommittee
House enrolled 2026-03-05
Summary

Payment Stablecoin; Revises Florida Control of Money Laundering in Money Services Business Act to include payment stablecoins; requires certain payment stablecoin issuers to comply with certain regulations; prohibits persons from engaging in activity of qualified payment stablecoin issuer without being licensed or exempted from licensure; requires out-of-state state-qualified payment stablecoin issuers to provide specified written notice to OFR within a specified timeframe; specifies that certain transactions are not regulated under certain provisions; specifies that certain payment stablecoin is not security & not subject to certain provisions; specifies that office remains solely responsible for supervising qualified payment stablecoin issuers or is jointly responsible with Office of Comptroller of Currency for such supervision under certain circumstances; prohibits trust company from engaging in activity of qualified payment stablecoin issuer unless trust company obtains certificate of approval or is exempted from such certificate.

Sponsor
Commerce Committee
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-13 Introduced Bill introduced
2026-03-05 Status enrolled
2026-03-05 Latest Action House - Ordered enrolled
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