Florida legislation · 2026 Regular Session
Florida H175: Payment Stablecoin
Status: Chaptered, June 29, 2026
Revises Florida Control of Money Laundering in Money Services Business Act to include payment stablecoins; requires certain payment stablecoin issuers to comply with certain regulations; prohibits persons from engaging in activity of qualified payment stablecoin issuer without being licensed or exempted from licensure; requires out-of-state state-qualified payment stablecoin issuers to provide specified written notice to OFR within a specified timeframe; specifies that certain transactions are not regulated under certain provisions; specifies that certain payment stablecoin is not security & not subject to certain provisions; specifies that office remains solely responsible for supervising qualified payment stablecoin issuers or is jointly responsible with Office of Comptroller of Currency for such supervision under certain circumstances; prohibits trust company from engaging in activity of qualified payment stablecoin issuer unless trust company obtains certificate of approval or is exempted from such certificate.
What the bill says
An act relating to payment stablecoin; amending s. 560.103, F.S.; revising the definition of the term "money services business"; defining terms; amending s. 560.123, F.S.; revising the Florida Control of Money Laundering in Money Services Business Act to include payment stablecoins; requiring certain payment stablecoin issuers to comply with certain regulations; requiring qualified payment stablecoin issuers to submit a specified certification to the Office of Financial Regulation annually…
From the enrolled text, March 5, 2026:
An act relating to payment stablecoin; amending s. 560.103, F.S.; revising the definition of the term "money services business"; defining terms; amending s. 560.123, F.S.; revising the Florida Control of Money Laundering in Money Services Business Act to include payment stablecoins; requiring certain payment stablecoin issuers to comply with certain regulations; requiring qualified payment stablecoin issuers to submit a specified certification to the Office of Financial Regulation annually; requiring the office to make such certifications available to the Secretary of the Treasury upon request; authorizing the office to revoke the license of qualified payment stablecoin issuers under certain circumstances and to refer certain matters to specified entities; amending s. 560.125, F.S.; revising the circumstances relating to violations of certain provisions; revising penalties; creating part V of ch. 560, F.S., entitled "Payment Stablecoin Issuers"; creating s. 560.501, F.S.; defining terms; prohibiting persons from engaging in the activity of a qualified payment stablecoin issuer without being licensed or exempted from licensure; requiring the office to give a specified written notice under certain circumstances; providing words underlined are additions. hb175 -03-er FLORIDAHOUSEOFREPRESENTATIVES CS/CS/HB 175, Engrossed 1 2026 Legislature applicability; requiring out-of-state state-qualified payment stablecoin issuers to provide a specified written notice to the office within a specified timeframe; specifying that certain transactions are not regulated under certain provisions; specifying that certain payment stablecoin …
Sponsors
- Webster Barnaby (R, HD-027) · primary sponsor
- Barnaby, Webster (R, HD-029) · primary sponsor
- Giallombardo, Mike (R, HD-079) · primary sponsor
- Fabricio, Tom (R, HD-110)
Latest actions
- : Chapter No. 2026-176; Companion bill(s) passed, see CS/CS/HB 1087 (Ch. 2026-130)
- : Approved by Governor
- : Signed by Officers and presented to Governor
- : Ordered enrolled
- : In Messages
- : CS passed; YEAS 37 NAYS 0 -SJ 614
- : Read 3rd time -SJ 614
- : Read 2nd time -SJ 614
- : Substituted for CS/CS/SB 314 -SJ 614
- : Placed on Calendar, on 2nd reading
Votes
- Senate: H 175 e1 (March 5, 2026): 37 yea, 0 nay, passed
- House: H 175 c2 (March 3, 2026): 102 yea, 2 nay, passed
- House: Commerce Committee (February 24, 2026): 24 yea, 0 nay, passed
- House: Commerce Committee (February 24, 2026): 24 yea, 0 nay, passed
- House: Insurance & Banking Subcommittee (February 11, 2026): 17 yea, 0 nay, passed
- House: Insurance & Banking Subcommittee (February 11, 2026): 17 yea, 0 nay, passed
Subjects: Rules
Common questions
- What is H175?
- H175 is a bill in the Florida Legislature (2026 Regular Session): Payment Stablecoin.
- What does H175 do?
- In its own words: An act relating to payment stablecoin; amending s. 560.103, F.S.; revising the definition of the term "money services business"; defining terms; amending s. 560.123, F.S.; revising the Florida Control of Money Laundering in Money Services Business Act to include payment stablecoins; requiring certain payment stablecoin issuers to comply with certain regulations; requiring qualified payment stablecoin issuers to submit a specified certification to the Office of Financial Regulation annually…
- What is the status of H175?
- Chaptered as of June 29, 2026. Latest action: Chapter No. 2026-176; Companion bill(s) passed, see CS/CS/HB 1087 (Ch. 2026-130) (June 29, 2026).
- Who sponsored H175?
- Webster Barnaby (R, HD-027), with 3 co-sponsors.
- Where is the official record for H175?
- On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/175
Source: official Florida record. Tracked by Delilah, AI for legislation across all 50 states and Congress.