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August 24, 2026
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The Florida Statutes

The 2026 Florida Statutes

Title XXXIII
REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS
Chapter 560
MONEY SERVICES BUSINESSES
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F.S. 560.503
560.503 Limitation on payment stablecoin activities.—A license to issue qualified payment stablecoins authorizes an issuer to engage only in the following activities:
(1) Issuing payment stablecoins.
(2) Redeeming payment stablecoins.
(3) Managing related reserves, including purchasing, selling, and holding reserve assets or providing custodial services for reserve assets, consistent with federal law and the laws of this state.
(4) Undertaking other activities that directly support any of the activities described in this section.
History.—s. 7, ch. 2026-176.