USA – FLORIDA Trends and Developments Contributed by: Rebecca G. DiStefano, Jeannie Regidor and Marina Olman-Pal, Greenberg Traurig, P.A.
Greenberg Traurig, P.A. Greenberg Traurig, P.A. 333 S.E. 2nd Avenue Suite 4400 Miami, FL 33131 USA Tel: +1 305 579 0500 Fax: +1 305 579 0717 Email: Lori.rosenberg@gtlaw.com Web: www.gtlaw.com
2026 Florida Blockchain and Cryptocurrency Developments Florida has become synonymous with entrepreneur- ship, representing one of the United States’ economic centres, and is currently ranked by Chamber of Com- merce research as the fourth-largest economy in the United States. Technology innovation in Florida is bol- stered by the jurisdiction’s pro-growth policies, pro- business tax climate and access to a highly skilled workforce, attracting top talent for financial services and financial technology (fintech). Blockchain is a high-growth specialty technology with multiple appli- cations in financial services, including ways to move and validate goods, payments and documents in real time. This article tracks blockchain and related cryp- tocurrency legal developments in Florida. Historical background Blockchain technology entered the USA and global consciousness after bitcoin (the first-known crypto- currency) became relevant as an asset class and was used as a virtual currency around 2015 in financial communities. States did not act immediately, awaiting a foundational regulatory framework from the Securi- ties and Exchange Commission (SEC) and the Com- modities Futures Trading Commission (CFTC). Florida’s initial recognition of blockchain technology was through appointment of a task force exploring and studying the newest layer of the internet, purposed to develop a master plan for fostering the blockchain industry in Florida and to recommend state policies. Florida’s Blockchain Task Force was created in the state House of Representatives and signed into law by
Governor Ron DeSantis in 2019. Its committee report in 2020 led to funding for a permanent office of the Florida Office of Financial Regulation (OFR), the Office of Fintech Policy. The state has taken a thoughtful and deliberate approach to policy and legislative action associated with blockchain technologies and blockchain-enabled cryptocurrencies generally. Beginning with the new Administration in 2025, there have been significant legislative and regulatory developments at the fed- eral level through the passage of the GENIUS Act, the introduction and continued consideration of mar- ket structure legislation, and regulatory pronounce- ments from the SEC and the CFTC. Florida is currently poised to take strategic policy and legislative action long in the making. Florida has studied the predicted impacts of block- chain and financial technologies on the state, although has not moved to create a legislative framework as has Delaware for corporate laws or Wyoming for digi- tal asset regulation. Florida’s approach will provide an opportunity for the state to attract more industry participants if it is able to balance the needs of Flor- ida’s businesses while establishing clear boundaries of acceptable conduct. Digital Securities Regulation Digital assets, cryptocurrencies and certain related transactions may be deemed “securities” under Flor- ida’s current securities laws.
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