Florida statutory changes tied to Chapter 2025-100 amended money transmitter application requirements in section 560.205, effective July 1, 2026, subject to legislative ratification of required rules. The statute continues to state that a person may not act as a money transmitter without a state license.
What changed
Florida revised statutory money transmitter application requirements as part of Chapter 2025-100. The changes took effect in July 2026 and are part of a broader legal-tender and financial-services rulemaking package.
Compliance perspective
Money transmitters with Florida activity should review current application requirements, any related OFR rulemaking, and whether internal licensing checklists need updates. New applicants should confirm the latest filing expectations before submission.
Key date
Effective date: July 1, 2026.
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