Progress

Current status
in force
01 Jul 2023 in force
12 May 2023 adopted
02 May 2023 adopted
26 Apr 2023 under deliberation
31 Mar 2023 under deliberation

Scope

Implementers
United States of America
Policy Area
Content moderation
Policy Instrument
Content moderation regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
DLT development
Government Branch
legislature
Government Body
parliament
Implementation Level
subnational

Timeline of events

01 Jul 2023
in force

Implemented Central Bank Digital Currency Bill (SB 7054)

On 1 July 2023, the Central Bank Digital Currency Bill (SB 7054) was implemented in Florida. The bill effectively prohibits the use of a federally adopted CBDC by excluding it from the definition of money within Florida’s Uniform Commercial Code, th…

Source
Event type law
Action type implementation
Government branch legislature
Government body parliament
12 May 2023
adopted

Signed Central Bank Digital Currency Bill (SB 7054)

On 12 May 2023, the Central Bank Digital Currency Bill (SB 7054) was signed by the Governor of Florida. The bill defines the term “central bank digital currency” (CBDC) and revises the definition of the term “money”. The bill will effectively prohib…

Source
Event type law
Action type signing
Government branch legislature
Government body parliament
02 May 2023
adopted

Adopted Central Bank Digital Currency Bill (SB 7054)

On 2 May 2023, the Central Bank Digital Currency Bill (SB 7054) was adopted after being passed by the House of Representatives of Florida. The bill defines the term “central bank digital currency” (CBDC) and revises the definition of the term “money…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
26 Apr 2023
under deliberation

Passed Central Bank Digital Currency Bill (SB 7054)

On 26 April 2023, the Central Bank Digital Currency Bill (SB 7054) was passed by the Senate of Florida. The bill defines the term “central bank digital currency” (CBDC) and revises the definition of the term “money”. The bill would effectively prohi…

Source
Event type law
Action type passage
Government branch legislature
Government body parliament
31 Mar 2023
under deliberation

Introduced Central Bank Digital Currency Bill (SB 7054)

On 31 March 2023, the Central Bank Digital Currency Bill (SB 7054) was introduced in the Senate of Florida. The bill defines the term “central bank digital currency” (CBDC) and revises the definition of the term “money”. The bill would effectively p…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament