Florida has become the first U.S. state to pass a stablecoin framework, with the bill now awaiting Governor Ron DeSantis’s signature. This legislation is part of a broader push in the state to advance digital asset regulation, following recent efforts that include proposals for Bitcoin reserves and stablecoin pilots. Notably, the framework is designed to comply with the federal GENIUS Act, enabling Florida to potentially serve as a regulator for stablecoin issuers who choose to opt out of complete federal oversight.
Florida becomes first US state to pass stablecoin framework
