Florida House Bill 505
Session 2026
Virtual Currency Kiosks
Became Law
Signed by Governor on Jun 26, 2026
Bill Intelligence
The bill amends Florida statutes to regulate virtual currency kiosk businesses. It defines key terms, requires registration and renewal, sets transaction limits, and mandates disclosures, receipts, and refunds. Virtual kiosk businesses must use blockchain analytics, abide by daily transaction limits, provide disclosures and receipts, and issue refunds under specific conditions. Failure to comply may render registration void. The bill also introduces definitions related to blockchain and outlines requirements for registration applications. The bill takes effect on January 1, 2027, impacting the operations and oversight of virtual currency kiosk businesses in Florida.
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Sponsors
3 Sponsors
First Action
Nov 20, 2025
Latest Action
Jun 29, 2026
Origin Chamber
House
Type
Bill
Bill Number
505
State
Florida
Session
2026
Commerce Committee
grade
Primary
Motion Text
Passage
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Smith
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Summary
Virtual Currency Kiosks; Revising the requirements for certain rules adopted by the Financial Services Commission; revising the actions by money services businesses, authorized vendors, or affiliated parties which constitute grounds for disciplinary action; prohibiting persons from engaging in certain business unless they are registered or exempt from registration; prohibiting a virtual currency kiosk business from operating in this state without registering or renewing its registration; requiring the Office of Financial Regulation to give a specified notice to applicants; specifying that certain money transmitters are exempt from registration as a virtual currency kiosk business but are subject to certain provisions; requiring applicants to submit certain information to the office to be registered as a virtual currency kiosk business; requiring a virtual currency kiosk business to ensure that its virtual currency kiosk requires certain attestations from the customer and displays a certain disclosure; requiring a virtual currency kiosk business to provide a customer with a specified physical or electronic receipt upon completion of a virtual currency transaction; requiring a virtual currency kiosk business to issue a full refund under certain circumstances, etc.
Bill Analysis -- Insurance & Banking Subcommittee (Post-Meeting) (6/29/2026 3:25 PM)
Bill Analysis -- Commerce Committee (Post-Meeting) (1/29/2026 3:57 PM)
476503 - Strike All Amendment to H 505 Filed
454065 - Amendment to Amendment (476503) to H 505 Filed
518110 - Amendment (Delete All) to H 505 c1
Sort by most recent
06/29/2026
Florida Legislature
Chapter No. 2026-178
06/26/2026
Florida Legislature
Approved by Governor
06/15/2026
Florida Legislature
Signed by Officers and presented to Governor
03/12/2026
House
Ordered engrossed, then enrolled
03/12/2026
House
CS passed as amended; YEAS 107, NAYS 0
03/12/2026
House
Amendment 518110 Concur
03/12/2026
House
Added to Senate Message List
02/25/2026
House
In Messages
02/25/2026
Senate
Immediately certified
02/25/2026
Senate
CS passed as amended; YEAS 37 NAYS 0
02/25/2026
Senate
Read 3rd time
02/25/2026
Senate
Amendment(s) adopted (518110)
02/25/2026
Senate
Read 2nd time
02/25/2026
Senate
Substituted for CS/CS/SB 198
02/25/2026
Senate
Placed on Calendar, on 2nd reading
02/25/2026
Senate
Withdrawn from Rules
02/18/2026
Senate
Received
02/18/2026
Senate
Referred to Rules
02/17/2026
Senate
In Messages
02/17/2026
House
CS passed; YEAS 108, NAYS 0
02/17/2026
House
Read 3rd time
02/17/2026
House
Added to Third Reading Calendar
02/17/2026
House
Read 2nd time
02/10/2026
House
Bill added to Special Order Calendar (2/17/2026)
02/02/2026
House
Added to Second Reading Calendar
02/02/2026
House
Bill referred to House Calendar
01/29/2026
House
1st Reading (Committee Substitute 1)
01/28/2026
House
CS Filed
01/28/2026
House
Laid on Table under Rule 7.18(a)
01/28/2026
House
Reported out of Commerce Committee
01/27/2026
House
Favorable with CS by Commerce Committee
01/23/2026
House
Added to Commerce Committee agenda
01/13/2026
House
1st Reading (Original Filed Version)
12/09/2025
House
Now in Commerce Committee
12/09/2025
House
Reported out of Insurance & Banking Subcommittee
12/09/2025
House
Favorable by Insurance & Banking Subcommittee
12/02/2025
House
Added to Insurance & Banking Subcommittee agenda
11/24/2025
House
Now in Insurance & Banking Subcommittee
11/24/2025
House
Referred to Commerce Committee
11/24/2025
House
Referred to Insurance & Banking Subcommittee
11/20/2025
House
Filed
Sources
FL Legislature
Open States
Record Created
Dec 8, 2025 9:30:01 AM
Record Updated
Jul 19, 2026 2:29:10 PM