Florida Passes First Comprehensive Stablecoin Framework
- Florida has become the first US state to pass a comprehensive regulatory framework for payment stablecoins.
- The legislation awaits the signature of Governor Ron DeSantis, a known supporter of crypto-friendly policies.
- The bill introduces a licensing regime for qualified stablecoin issuers and a pilot program for accepting stablecoin payments for government services.
- The framework aligns with the federal GENIUS Act signed in July 2025, allowing issuers to operate under state supervision while meeting national standards.
- Qualified stablecoin issuers outside Florida must notify the state’s Office of Financial Regulation before offering services within the state.
- The law restricts stablecoin issuers from paying interest if prohibited under federal law.
Florida’s new regulatory framework positions it as a leader in digital asset policy, setting standards for stablecoin operations and compliance with federal laws.
Source (3.2)https://cryptobriefing.com/florida-stablecoin-framework-us/?rand=59535