Bill > S0738

This bill amends Florida's existing legal statutes to expand the circumstances under which a defendant can be subject to Florida state court jurisdiction, specifically focusing on virtual currency transactions. The bill adds a provision that if a defendant, regardless of their physical location, requests a Florida resident to transfer virtual currency (as defined in section 560.103 of Florida law) to an account located outside of the state, that defendant can be brought under the jurisdiction of Florida courts. This means that even if the defendant is not physically present in Florida, the act of requesting a virtual currency transfer from a Florida resident could be sufficient grounds for legal action in Florida courts. The bill will take effect on July 1, 2026, giving businesses and individuals advance notice of this legal change. The aim appears to be to provide a legal mechanism for addressing potential virtual currency-related disputes involving Florida residents, reflecting the growing importance of digital financial transactions in modern commerce.

https://www.flsenate.gov/Session/Bill/2026/738