Florida Governor Ron DeSantis approved legislation prohibiting the use of a federally adopted central bank digital currency (CBDC) and any foreign CBDC from "being treated as money" under the Florida Uniform Commercial Code. The new law comes into effect on 1 July 2023.

HB 273 'Money Services Businesses' was passed on 12 May 2022, which revises provisions related to violations of money services business activities & penalties for such violations; revises provisions related to certain prohibited activities without license; revises requirements for money transmitter or payment instrument seller to conduct business; revises requirements for written contract between money transmitter or payment instrument seller & authorized vendor; provides requirements for money transmitter that receives virtual currency; excludes virtual currency in calculation of permissible investments; revises recordkeeping requirements for money transmitter or payment instrument seller; revises financial liability requirements for money transmitter or payment instrument seller.

Senator Rick Scott wrote to Treasury Secretary Janet Yellen requesting more information on the Treasury Department’s plan to protect American investors and address the threat of widespread fraud in cryptocurrency investments.

A Senate Bill, SB 1024, came into force, establishing the Florida Blockchain Task Force within the Department of Financial Services. It also required the taskforce to come up with a master plan and specified its duties.

A bill was introduced according to which blockchain ledgers and smart contracts should be treated as legally binding methods of data storage – provided that such measures do not break any pre-existing laws or regulations.