Bitcoin

Cryptocurrency is a hot commodity, and it could become legal tender soon. Representative Matt Gaetz (R-FL) is already on it  and has recently introduced a bill allowing the payment of Federal income taxes with Bitcoin. Rep. Gaetz, inspired by El Salvador's bold move to legalize Bitcoin as a legal tender, has introduced a bill that […]

TALLAHASSEE, FL—A sweeping new bill would prohibit banks from dealing in digital currency without completing a comprehensive risk assessment to be approved by the Office of Financial Services. The measure builds on Gov. Ron DeSantis' ban on Florida's use of a federalized central bank digital currency. SB 914, proposed by Republican Sen. Keith Perry, defines […]

Two bills moving through the Florida legislature could establish new regulations for artificial intelligence (AI) use, virtual currency kiosks, and bolster government technology modernization.  HB 1459 and SB 662, filed by the Commerce and Banking and Insurance committees, respectively, would accomplish these tasks.  Originally filed by Representative Fiona McFarland (R-73) and later refiled by the […]