{"data":{"id":"us-fl/fla.-stat.-560.204","jurisdiction":"us-fl","citation":"Fla. Stat. § 560.204","heading":"License required.","body":"(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.\n(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.\nHistory.—s. 2, ch. 94-238; s. 2, ch. 94-354; s. 6, ch. 2001-119; s. 30, ch. 2008-177; s. 5, ch. 2022-113.","path":["CHAPTER 560 MONEY SERVICES BUSINESSES"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0500-0599/0560/0560.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:09:11Z","sha256":"d342436b1fee344698d7c0cfc208005d24ab044a4c731c6fa8f8ecae83fa8bfd","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-560.203","next":"us-fl/fla.-stat.-560.205"},"notice":"GroundRules: Original legal text. Not legal advice."}