§ 560.503, Fla. Stat. · Part V. PAYMENT STABLECOIN ISSUERS
Limitation on payment stablecoin activities.
Verbatim from the official edition
Text — 2026 Florida Statutes
A license to issue qualified payment stablecoins authorizes an issuer to engage only in the following activities:
(1) Issuing payment stablecoins.
(2) Redeeming payment stablecoins.
(3) Managing related reserves, including purchasing, selling, and holding reserve assets or providing custodial services for reserve assets, consistent with federal law and the laws of this state.
(4) Undertaking other activities that directly support any of the activities described in this section.
Notes and commentary — not statutory text
History
s. 7, ch. 2026-176.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0500-0599/0560/0560.html
- Text hash
- sha256 a2417c879b780a2f399d517e68a471f710ee638fecb45687f7916212a38b2c2c
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
- composed from the Legislature's structured HTML (one source of text; no PDF extraction); a second, independent reading of the same bytes agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.