COMMERCIAL REGULATIONS: Provides relative to the licensing and regulation of virtual currency businesses. (8/1/26)

Summary

The bill eliminates Section 2 of Act No. 700 from the 2024 session, which had set up a licensing and regulatory framework for virtual currency firms. By removing that provision, the state no longer imposes those specific licensing requirements on such businesses. This change affects companies dealing with cryptocurrencies and the state office that would have overseen them.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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