Florida Stablecoin Bill Passes 37–0, Heads to Governor DeSantis
Florida’s legislature moved decisively on state stablecoin rules, passing a bill 37–0 that lawmakers say would create a comprehensive framework for payment stablecoins. The measure earned bipartisan support in both chambers and now goes to Gov. Ron DeSantis, who will decide whether to sign it into law. Proponents argue the bill provides clarity for issuers and payment networks seeking a favorable regulatory environment. If enacted, Florida’s law could set a precedent for other states and influence how firms structure stablecoin products while federal regulators continue work on national standards. Market participants may see this as a signal that states will compete to attract crypto business, though experts caution about potential conflicts with eventual federal rules or legal challenges. The bill’s passage underscores growing state-level momentum on digital asset policy.