Fla. Stat. 560.204
License required

(1)

Unless exempted, a person may not engage in, or in any manner advertise that they engage in, the activity of a payment instrument seller or money transmitter, for compensation, without first obtaining a license under this part. For purposes of this subsection, the term “compensation” includes profit or loss on the exchange of currency, monetary value, or virtual currency.

(2)

A licensee under this part may also engage in the activities authorized under part III of this chapter without the imposition of any additional licensing fees.

Source: Section 560.204 — License required, https://www.­flsenate.­gov/Laws/Statutes/2024/0560.­204 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 560.204. License required's source at flsenate​.gov