Florida Governor Ron DeSantis may soon sign a bill allowing the state to create a stablecoin regulatory framework, despite his previous warnings against Central Bank Digital Currencies (CBDCs) posing financial surveillance risks. The bill, passed unanimously, requires stablecoin issuers to report transactions over $10,000, raising concerns among libertarian groups about potential oversight. The move could complicate DeSantis's anti-surveillance stance while aligning with federal legislation efforts on stablecoin regulation.

In brief Florida Gov. Ron DeSantis, a vocal critic of government surveillance via CBDCs, could sign a bill that gives Florida the ability to regulate stablecoins independently. The legislation includes transaction monitoring requirements that mirror federal anti-money laundering rules that s

Florida lawmakers have approved what could become the first comprehensive state-level framework for payment stablecoins in the United States, sending the legislation to Gov. Ron DeSantis for review after overwhelming bipartisan support in both chambers. Florida Pushes Ahead With State Stablecoin R

Florida's Senate unanimously passed Senate Bill 314, regulating stablecoins under its anti-money laundering laws and defining them as “monetary value.” Governor DeSantis is expected to sign the bill, aligning state oversight with federal guidelines.

Florida's Senate unanimously passed Senate Bill 314, regulating stablecoins under its anti-money laundering laws and defining them as “monetary value.” Governor DeSantis is expected to sign the bill, aligning state oversight with federal guidelines.

Florida's Senate unanimously passed Senate Bill 314, regulating stablecoins under its anti-money laundering laws and defining them as “monetary value.” Governor DeSantis is expected to sign the bill, aligning state oversight with federal guidelines.