Florida legislation · 2026 Regular Session
Florida H505: Virtual Currency Kiosks
Status: Chaptered, June 29, 2026
Revising the requirements for certain rules adopted by the Financial Services Commission; revising the actions by money services businesses, authorized vendors, or affiliated parties which constitute grounds for disciplinary action; prohibiting persons from engaging in certain business unless they are registered or exempt from registration; prohibiting a virtual currency kiosk business from operating in this state without registering or renewing its registration; requiring the Office of Financial Regulation to give a specified notice to applicants; specifying that certain money transmitters are exempt from registration as a virtual currency kiosk business but are subject to certain provisions; requiring applicants to submit certain information to the office to be registered as a virtual currency kiosk business; requiring a virtual currency kiosk business to ensure that its virtual currency kiosk requires certain attestations from the customer and displays a certain disclosure; requiring a virtual currency kiosk business to provide a customer with a specified physical or electronic receipt upon completion of a virtual currency transaction; requiring a virtual currency kiosk business to issue a full refund under certain circumstances, etc.
What the bill says
An act relating to virtual currency kiosks; amending s. 560.103, F.S.; revising the definition of the term "money services business"; defining terms; amending s. 560.105, F.S.; revising the requirements for certain rules adopted by the Financial Services Commission; amending s. 560.114, F.S.; revising the actions by money services businesses, authorized vendors, or affiliated parties which constitute grounds for disciplinary action; amending s. 560.125, F.S.; prohibiting persons from engaging in certain business unless they are registered or exempt from registration; creating part V of ch…
From the enrolled text, March 13, 2026:
An act relating to virtual currency kiosks; amending s. 560.103, F.S.; revising the definition of the term "money services business"; defining terms; amending s. 560.105, F.S.; revising the requirements for certain rules adopted by the Financial Services Commission; amending s. 560.114, F.S.; revising the actions by money services businesses, authorized vendors, or affiliated parties which constitute grounds for disciplinary action; amending s. 560.125, F.S.; prohibiting persons from engaging in certain business unless they are registered or exempt from registration; creating part V of ch. 560, F.S., entitled "Virtual Currency Kiosk Businesses"; creating s. 560.501, F.S.; defining terms; creating s. 560.502, F.S.; prohibiting a virtual currency kiosk business from operating in this state without registering or renewing its registration; requiring the Office of Financial Regulation to give a specified notice to applicants; specifying that certain money transmitters are exempt from registration as a virtual currency kiosk business but are subject to certain provisions; prohibiting certain entities from performing certain actions without being licensed as a money services business; specifying that virtual currency kiosk words underlined are additions. hb505 -02-er FLORIDAHOUSEOFREPRESENTATIVES CS/HB 505, Engrossed 1 2026 Legislature business registrations are not transferable or assignable; creating s. 560.503, F.S.; requiring applicants to submit certain information to the office to be registered as a virtual currency kiosk business; requiring certain virtual currency kiosk businesses …