Use of Digital Currency by the Department of Financial Services
Chapter No. 2026-175
Summary
The bill establishes the Florida Stablecoin Pilot Program within the Department of Financial Services. It lets the department accept, hold, and refund certain payment stablecoins that meet strict backing and redemption rules, and allows businesses and individuals to voluntarily pay fees with those stablecoins. The program aims to test digital‑currency payments while protecting state funds and ensuring consumer safeguards.
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