Florida Passes First State-Level Stablecoin Bill — Crypto CLARITY Act Next?

bitcoinistОпубліковано о 2026-03-08Востаннє оновлено о 2026-03-08

Анотація

In a significant move for the crypto industry, the Florida State Senate has passed Senate Bill 314 (SB314), establishing the first state-level regulatory framework for stablecoins in the U.S. The bill, which has also passed the House and is expected to be signed by Governor Ron DeSantis, aims to regulate payment stablecoin issuers by aligning with federal guidelines, including consumer protections and financial stability rules. It revises existing money laundering controls to include stablecoins, requires issuers to be licensed, and clarifies that certain stablecoins are not securities. This development occurs as broader federal crypto legislation continues to face challenges.

In a positive development for the crypto industry, the Florida State Senate has passed a bill to create a regulatory framework for stablecoins at the state level. This move comes amid the struggles to enact a broader crypto market structure bill in the United States.

Florida Creates Stablecoin Framework With New Bill

In a Friday, March 7 post on X, Samuel Armes, founder of the Florida Blockchain Business Association web3 advocacy group, announced that a bill establishing a regulatory framework for stablecoins has passed the state legislature. According to the vocal crypto advocate, this bill, named the “Senate Bill 314 (SB314),” will be signed by Gov. Ron DeSantis over the coming weeks.

Senate Bill 314, along with Florida House Bill 175, aims to establish a regulatory framework for payment stablecoin issuers in the state. According to Republican Florida State Senator Colleen Burton, this regulatory framework, which aligns with the federal-level GENIUS Act, will include consumer protections and financial stability guidelines.

Specifically, the SB314 bill revises the Florida Control of Money Laundering in Money Services Business Act to include stablecoin, while requiring issuers to comply with existing rules and prohibiting unlicensed issuance in the state. The bill also clarified that specific payment stablecoins are not securities and, hence, are not subject to certain provisions.

The Senate Bill 314’s overview read:

[This bill] 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; 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.

Banks Need To Make A ‘Good Deal’ With The Crypto Industry: Trump

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

Пов'язані питання

QWhat is the name of the bill passed by the Florida State Senate to create a regulatory framework for stablecoins?

AThe bill is named Senate Bill 314 (SB314).

QWho is the founder of the Florida Blockchain Business Association that announced the bill's passage?

ASamuel Armes, the founder of the Florida Blockchain Business Association, announced the bill's passage.

QAccording to the bill, are specific payment stablecoins considered securities?

ANo, the bill clarifies that specific payment stablecoins are not securities and are therefore not subject to certain provisions.

QWhich federal-level act does Florida's new stablecoin regulatory framework align with?

AThe regulatory framework aligns with the federal-level GENIUS Act.

QWhat does the bill prohibit for trust companies regarding stablecoin issuance?

AThe bill prohibits a trust company from engaging in the activity of a qualified payment stablecoin issuer unless it obtains a certificate of approval or is exempted from such a certificate.

Пов'язані матеріали

Bitcoin Boom in Full Swing: Saylor's Latest Statement Fuels Buying Speculation

MicroStrategy's Executive Chairman Michael Saylor has fueled speculation about a new Bitcoin purchase by posting "Bitcoin Drive engaged" on August 2, accompanied by the company's customary purchase tracker. This aligns with his pattern of hinting at treasury changes ahead of weekly reports. The accompanying report showed MicroStrategy's Bitcoin holdings at 843,775 BTC, with an average cost of $75,653 per coin and an unrealized loss of -$10.58B. A similar signal preceded the company's July 27 announcement, strengthening expectations for a treasury update on Monday. However, MicroStrategy's real-time ledger reflects two recent Bitcoin sales totaling 3,588 BTC, reducing holdings from 847,363 BTC to the current 843,775 BTC. The company stated these sales funded preferred stock dividends and replenished its U.S. dollar reserve. Recent reports indicate the company made no Bitcoin purchases the week ending July 26 while increasing its dollar reserve to approximately $3.75B. The company faces financial headwinds after reporting an $8.33B operating loss for Q2 2026, including an $8.32B unrealized loss on its digital assets. Management may sell up to $1.25B more in Bitcoin to meet cash obligations. The expected Monday update will reveal if the "Bitcoin Drive" signal marks a return to accumulation as MicroStrategy balances its massive Bitcoin stash against growing cash commitments.

cryptonews.ru1 хв тому

Bitcoin Boom in Full Swing: Saylor's Latest Statement Fuels Buying Speculation

cryptonews.ru1 хв тому

AI Company Stocks Trading Like 'Memecoins' as Bitcoin Barely Moves — Weekly Review

Weekly Review Summary: AI stocks traded erratically like memecoins this week, while Bitcoin remained relatively flat around $64,000. Major market volatility stemmed from a forced liquidation by the "Situational Awareness" fund, contributing to a sharp sell-off in chip and AI stocks, particularly impacting Asian markets like South Korea's KOSPI. The Fed's signals and broader macro concerns added to the uncertainty. In crypto, the news was largely overshadowed by traditional finance but remained negative. Several crypto firms announced closures (BitMart) or bankruptcies (Storj Labs), and layoffs continued across the industry (Coinbase, Uphold). MicroStrategy notably shifted its strategy, using proceeds to buy back its own stock instead of purchasing more Bitcoin, drawing criticism. DeFi saw success stories like Trade.xyz on Hyperliquid, but also potential risks from insider trading and questions about platform dependence (e.g., Pump.fun on Solana). The intersection of AI and crypto gained attention with renewed hype around projects like Bittensor ($TAO). A critical security warning was reiterated for Coldcard wallet users regarding a potential private key vulnerability, emphasizing the high responsibility of self-custody. The overall tone cautioned against panic but urged preparedness amid a challenging market.

cryptonews.ru13 хв тому

AI Company Stocks Trading Like 'Memecoins' as Bitcoin Barely Moves — Weekly Review

cryptonews.ru13 хв тому

Coinkite Faces Criticism for Storing Customer Emails After $88M Coldcard Hack

Coinkite faces renewed criticism after a vulnerability in generating random seed phrases for its Coldcard hardware wallets allowed attackers to steal over 1,000 BTC in two days. While sending warning emails to customers dating back to 2019, the company was questioned for retaining these email addresses. Coinkite cited its public policy stating emails are kept so customers can verify their other data was deleted, but did not specify a deletion timeline, only saying "for now." Co-founder Rodolfo Novak emphasized the company's commitment to privacy, offering anonymous purchases and deleting customer data after 90 days, and appealed for help contacting all potentially affected users. According to Galaxy Research, losses from the exploit had reached 1,367 BTC, worth over $88 million.

cryptonews.ru14 хв тому

Coinkite Faces Criticism for Storing Customer Emails After $88M Coldcard Hack

cryptonews.ru14 хв тому

Bitcoin Price Drop Triggers Altcoin Sell-Off, While ADA Bucks the Trend

Bitcoin experienced a week of significant volatility in late July, with a sharp sell-off on July 31 dropping its price to around $62,236. This decline, which saw Bitcoin's market cap fall from over $1.3 trillion to $1.26 trillion, triggered a broader sell-off across the crypto market. Consequently, the total crypto market cap fell from a recent peak of nearly $2.33 trillion to $2.22 trillion. While most major altcoins like Ethereum (ETH), XRP, and Solana (SOL) posted weekly losses between 2-3%, Cardano (ADA) was a notable exception, surging 15.3%. BNB also gained 2.4%. The price action was influenced by market uncertainty stemming from the unresolved U.S. CLARITY Act legislation and heightened geopolitical tensions in the Middle East. Despite some industry optimism for regulatory clarity, these external pressures continue to cloud the near-term recovery prospects for Bitcoin and the wider crypto market.

cryptonews.ru16 хв тому

Bitcoin Price Drop Triggers Altcoin Sell-Off, While ADA Bucks the Trend

cryptonews.ru16 хв тому

Seed Phrases: 12 Words That Stand Between You and Losing Everything

This article explains the critical importance of the 12-word (or 24-word) seed phrase in cryptocurrency. Mathematically, this phrase is the wallet itself, as the BIP39 algorithm converts it into a single master private key from which all addresses are derived. There is no central database or password recovery. Whoever knows the phrase has absolute, irreversible control. A high-profile theft of roughly $292 million in January was not due to a technical hack but to social engineering—the victim simply entered their 12 words into the wrong field. While brute-forcing an unknown 12-word phrase is astronomically impossible, security collapses if even part of it is leaked. Knowing 6 of 12 words is still secure, but knowing 7 reduces cracking time to under a year; 8 words could be cracked in hours. The BIP39 checksum exists mainly to catch typos when restoring a wallet, not to protect against attackers. The article concludes that while thefts draw headlines, the far greater risk is self-custody failure. An estimated 23% of all mined Bitcoin is permanently lost due to forgotten seed phrases, destroyed backups, or deaths without inheritance plans. The seed phrase is not a mere password; it is the sole, irretrievable proof of ownership. Lose it, and the assets effectively cease to exist.

cryptonews.ru16 хв тому

Seed Phrases: 12 Words That Stand Between You and Losing Everything

cryptonews.ru16 хв тому

Торгівля

Спот
活动图片