{"data":{"id":"us-fl/fla.-stat.-560.506","jurisdiction":"us-fl","citation":"Fla. Stat. § 560.506","heading":"Rulemaking authority.","body":"The commission shall adopt rules to administer this part as required in s. 13 of the GENIUS Act, Pub. L. No. 119-27. The commission shall also adopt rules relating to capital, liquidity, and risk management which are consistent with s. 4(a)(4) of the GENIUS Act, Pub. L. No. 119-27. The commission may adopt rules establishing standards for the conduct, supervision, examination, and regulation of qualified payment stablecoin issuers, including requirements relating to reserves, customer-asset protection, reporting, and compliance, in order to meet the minimum requirements established by the Stablecoin Certification Review Committee.\nHistory.—s. 10, ch. 2026-176.","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":"efaf0cf68129865b300cc4e60d8f36d2868d91b5d9a33eb8f4134fdf638bbeb1","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-560.505","next":"us-fl/fla.-stat.-560.601"},"notice":"GroundRules: Original legal text. Not legal advice."}
