Florida committee backs state framework and pilot for payment stablecoins
The Insurance & Banking Subcommittee voted to report favorably on PCS for HB 175 (state safe harbor for payment stablecoins) and CS for HB 1415 (a DFS stablecoin pilot). Sponsors said the measures let issuers opt into Florida regulation under the federal GENIUS Act and permit the Department of Financial Services to pilot accepting approved, fully backed stablecoins for state fees.
The full story
The Florida House Insurance & Banking Subcommittee voted to report favorably on two measures aimed at bringing regulated stablecoins into state financial operations.
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