S314 · Payment Stablecoin

Payment Stablecoin; Revising the Florida Control of Money Laundering in Money Services Business Act to include payment stablecoins; prohibiting persons from engaging in the activity of a qualified payment stablecoin issuer without being licensed or exempted from licensure; requiring applicants seeking to be a qualified payment stablecoin issuer to submit a specified application to the office; specifying that licensed qualified payment stablecoin issuers may only engage in certain activities, etc.