Florida

Florida

2026-10-01 02:32:01

Florida payment stablecoin rules take effect on Oct. 1

Florida’s payment stablecoin rules took effect on Oct. 1, setting reserve, disclosure and licensing requirements for certain issuers in the state. Under the new framework, qualified trust companies that issue payment stablecoins in Florida generally must obtain a certificate of approval. Compliant issuers are also required to maintain reserves of at least 1:1 against outstanding stablecoins. Eligible reserve assets include cash, demand deposits at banks, short-term U.S. Treasuries and qualifying government money market funds. The rules also require monthly disclosure of reserve composition, accountant examinations, and certifications by the CEO and CFO. In addition, if a state-level issuer’s total payment stablecoin issuance reaches $10 billion, it must move into the relevant federal regulatory framework within 360 days unless it receives a federal exemption. Otherwise, the issuer must stop new issuance until the amount falls back below the threshold.

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Florida

2026-09-29 02:36:16

Florida asks court to bar OpenAI from developing new models without outside oversight

Florida Attorney General James Uthmeier has asked a court to block OpenAI from developing new AI models without external oversight, according to Reuters. The filing also seeks to bar minors from using ChatGPT and to restrict the platform from giving chatbots what it describes as "human attributes." The request is part of an earlier lawsuit the state filed against OpenAI. OpenAI spokesperson Drew Pusateri said the company has already paused training on its most advanced model and will not resume until additional safety measures are in place. He also said OpenAI is willing to work with Florida and other states on safety policies that could apply across the broader AI industry. At the same time, the company denied liability in the case. The court request adds to a growing legal and policy fight over how advanced AI systems should be supervised, who should be allowed to use them, and what safeguards developers should have to adopt before releasing or training more powerful models.

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Florida

2026-09-28 14:28:55

Florida attorney general seeks injunction to halt ChatGPT operations in the state

Florida’s attorney general has asked a court for an injunction to stop OpenAI’s ChatGPT from operating in the state, according to Techub, which cited Crypto Briefing. The filing targets ChatGPT’s continued availability in Florida and places OpenAI at the center of a state-level legal challenge. The report says the case could set a precedent for state regulation of artificial intelligence. It could also reshape the legal responsibilities faced by technology companies across the United States. While the filing’s detailed legal arguments were not disclosed in the source digest, the request for injunctive relief marks a notable regulatory move involving one of the most widely used AI products.

290

Policy Regula

2026-08-19 18:48:58

Fairshake-backed candidates score four primary advances, but PAC loses a $2 million Florida fight

Crypto-aligned political action committee Fairshake and its affiliated groups posted a largely successful night in US primaries, with four of five candidates backed by their advertising either winning or advancing in races across Alaska, Florida and Wyoming. The committees, Protect Progress and Defend American Jobs, spent about $3.6 million in total on House and Senate contests. The clear exception came in Florida’s 24th congressional district. There, Democrat Oliver Gilbert won with 34.4% of the vote despite being targeted by more than $2 million in negative advertising funded by Protect Progress. The race drew attention over whether the crypto industry could shape Democratic primaries through outside spending. The results arrive as Fairshake continues to expand its political footprint ahead of the 2026 midterms. The PAC reported a $193 million war chest in January and had spent more than $82 million on 2026 races as of June. With Congress set to return in September and the Senate expected to take up a cloture motion on the CLARITY Act, the makeup of the next Congress could carry direct consequences for digital asset legislation.

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Policy and Re

2026-08-18 19:54:16

Fairshake affiliate spends over $2 million in Florida primary ads with little focus on crypto

A political action committee linked to Fairshake, the crypto-backed super PAC funded mainly by Coinbase and Ripple Labs, has spent more than $2 million opposing Democratic candidate Oliver Gilbert in Florida’s 24th congressional district, according to Federal Election Commission records cited by Cointelegraph. The spending stands out because none of the Democratic primary candidates had made digital assets a major campaign issue before the ads appeared. Gilbert is running for the seat held by Representative Frederica Wilson, who voted against both the CLARITY Act and the GENIUS Act and later endorsed him at a June 22 event. Another Democratic contender, Florida state senator Shevrin Jones, completed a Stand With Crypto questionnaire and received a “strongly supports” rating, while an early August poll showed him ahead of Gilbert. Gilbert said the ads were backed by “Trump’s tech billionaire buddies” and described them as an attempt by “crypto con artists” to buy the primary. Fairshake defended the ads’ factual basis but did not explain the spending decision. The group said in January that it held a $193 million war chest, and by June had already deployed more than $82 million in primaries and special elections ahead of the 2026 midterms.

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SpaceX

2026-08-15 21:42:45

SpaceX Falcon 9 rockets positioned in Florida and California ahead of launches

According to a ChainCatcher newsflash, SpaceX’s Falcon 9 rockets have been raised into launch position in both Florida and California ahead of missions scheduled for later today. The brief update only states that the vehicles are standing by for the upcoming launches and does not provide added details on payloads, mission names, or timing beyond saying the launch tasks are set for today. The report identifies the locations as Florida and California and frames the development as final pre-launch positioning for Falcon 9. No other operational information was included in the source item.

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Goliath Ventu

2026-07-22 20:50:14

Goliath Ventures CEO Pleads Guilty in Florida Crypto Fraud Case With $250 Million in Losses

Goliath Ventures CEO Delgado pleaded guilty in a Florida crypto fraud case tied to at least $250 million in investor losses. Court records say investors sent at least $400 million, while only about $1.5 million reached Uniswap.

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Florida

2026-07-22 04:39:15

Florida Stablecoin Bill Clears Legislature, Awaits Governor as U.S. Test Case Emerges

Florida’s stablecoin bill has passed both chambers of the state legislature and now awaits the governor’s signature. If enacted, it could become a major state-level test case for U.S. stablecoin regulation.

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