Bill Summary
SB 314 Payment Stablecoin (2026 Session)
Payment Stablecoin; Revising the definition of the term “money services business”; revising the Florida Control of Money Laundering in Money Services Business Act to include payment stablecoins; prohibiting persons from engaging in the activity of a qualified payment stablecoin issuer without registering and receiving a specified notification; requiring applicants seeking to be a qualified payment stablecoin issuer to submit a specified application to the office; specifying that qualified payment stablecoin issuers may only engage in certain activities, etc. Effective Date: Upon becoming a law
10/31/25
SENATE
Filed
11/17/25
SENATE
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules
01/30/26
SENATE
On Committee agenda - Banking and Insurance, 02/04/26, 10:30 am, 412 K
02/04/26
SENATE
Favorable with CS by Banking and Insurance; 10 Yeas, 0 Nays
02/06/26
SENATE
Committee Substitute Text (C1) Filed
02/06/26
SENATE
Now in Appropriations Committee on Agriculture, Environment, and General Government
560.103
560.114
560.123
560.125
560.501
560.502
560.503
560.504
560.505
560.506
658.997
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