Florida legislation · 2026 Regular Session
Florida H1415: Use of Digital Currency by the Department of Financial Services
Status: Passed one chamber, March 11, 2026
Establishes Florida Stablecoin Pilot Program within DFS; authorizes DFS to engage in certain activities, designate one or more payment stablecoins for certain activities, & accept payment stablecoins; requires that certain payment stablecoins meet specified criteria; authorizes program participants to elect to voluntarily participate in program & remit payment stablecoins to compatible digital wallet address; requires certain participants to provide DFS with such address; requires DFS to comply with certain requirements & provide such address for specified purpose; authorizes DFS to conduct examinations, audits, & investigations of permitted payment stablecoin issuers; requires DFS to coordinate with OFR under certain circumstances; requires DFS to monitor & evaluate pilot program & collect certain data; requires DFS to submit annual report containing certain information to Governor & Legislature beginning on specified date & annually thereafter; authorizes DFS to adopt rules.
What the bill says
An act relating to the use of digital currency by the Department of Financial Services; creating s. 17.72, F.S.; establishing the Florida Stablecoin Pilot Program within the Department of Financial Services; providing legislative intent; providing definitions; authorizing the department to engage in certain activities; authorizing the department to designate one or more payment stablecoins for certain activities; requiring that certain payment stablecoins meet specified criteria; authorizing the department to accept payment stablecoins…
From the introduced text, February 26, 2026:
An act relating to the use of digital currency by the Department of Financial Services; creating s. 17.72, F.S.; establishing the Florida Stablecoin Pilot Program within the Department of Financial Services; providing legislative intent; providing definitions; authorizing the department to engage in certain activities; authorizing the department to designate one or more payment stablecoins for certain activities; requiring that certain payment stablecoins meet specified criteria; authorizing the department to accept payment stablecoins; authorizing program participants to elect to voluntarily participate in the program and remit payment stablecoins to a compatible digital wallet address; requiring certain participants to provide the department with a compatible digital wallet address; requiring the department to comply with certain requirements; requiring the department to provide a compatible digital wallet address for a specified purpose; authorizing the department to conduct examinations, audits, and investigations of permitted payment stablecoin issuers; requiring the department to coordinate with the Office of Financial Regulation under certain circumstances; requiring the department CS/CS/HB 1415 2026 CODING: Words stricken are deletions; words underlined are additions. hb1415-02-c2 Page 2 of FLORIDAHOUSEOFREPRESENTATIVES to monitor and evaluate the pilot program and collect certain data; requiring the department to submit an annual report containing certain information to the Governor and Legislature, beginning on a specified date and annually thereafter; providing construction; authorizing the department to adopt rules; providing …