26333868, 69V-560.7031 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 26333868

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Finance

Chapter:

MONEY TRANSMITTERS

Overview

RULE:

69V-560.7031

Records to be Maintained when Engaged in Transactions Involving Virtual Currency

PURPOSE:

The purpose and effect is to create a new rule to conform to and implement Chapter No. 2022-113, Laws of Florida, which was signed into law on May 12, 2022. The legislation grants specific rulemaking authority permitting the creation of rules relating to the recordkeeping requirements of transmissions involving virtual currency. The new rule will implement the virtual currency recordkeeping requirements found in chapter 560, Florida Statutes.

SUMMARY:

The new rule will implement the virtual currency recordkeeping requirements found in chapter 560, Florida Statutes.

RULEMAKING AUTHORITY:

560.105, 560.1105, 560.2085, 560.211

LAW:

560.1105, 560.2085, 560.211

PRINT PUBLISH DATE:

9/30/2022 Vol. 48/191

COMMENTS:

From 9/30/2022 To 10/21/2022 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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