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HB 175

BillStateFLHouse
Payment Stablecoin
About This Bill
Latest Action · Jun 29, 2026
Chapter No. 2026-176; Companion bill(s) passed, see CS/CS/HB 1087 (Ch. 2026-130)
Session
2026
Introduced
Oct 15, 2025
Primary Sponsor
Commerce Committee· primary

Summary

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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.

Subjects

(adopted)banks and banking

Co-sponsors (4)

Insurance & Banking Subcommittee · primary
Barnaby · primary
Giallombardo · primary
Fabricio · cosponsor

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