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Florida Is Looking To Further Regulate Bitcoin ATM’s, Which Will Not Be Good for the State, the Industry, or DeSantis.

Florida Is Looking To Further Regulate Bitcoin ATMs and Kiosks – FBBA
In the fast-evolving landscape of cryptocurrencies, the debate on regulation has always been a complex mosaic of protection, innovation, and pragmatism. Recently, the State of Florida has found itself at the center of this debate with its move to further regulate Bitcoin ATMs and kiosks within its jurisdiction.
fbba.io

Florida’s current regulatory proposal, while rooted in protective sentiment, seeks to add multiple layers to the transaction process. The idea is to ensure that Bitcoin ATM users, especially seniors, are given ample warnings and checkpoints to reconsider potential scam-driven transactions.

However, it has raised concerns among stakeholders that such regulations might become cumbersome and stifle the very innovation these machines represent.

Florida’s Legislative Process Is Starting, Which Means It Is Time To Prepare To Pass More Pro Bitcoin More Pro Web3 Legislation

Speaker Paul Renner releases committee assignments
Florida House Speaker Paul Renner on Friday announced committee assignments ahead of the 60-day regular session that convenes in January. Renner, a Palm Coast attorney, also announced that he has formed two select committees. “Pursuant to Rule 7.6, I am creating the Select Committee on Hurricane Resiliency & Recovery to review Florida recovery efforts surrounding...
floridabar.org

SBF’s Parents, Who Are Close To Gensler and Warren, Are Now Under the Microscope

FTX Bankruptcy Estate Sues Sam Bankman-Fried’s Parents, Joseph and Barbara, to Claw Back ‘Misappropriated Funds'
The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents.
coindesk.com

How Can Bitcoin Help With Hurricane Season In Florida and the Insurance Market?

Twitter Spotlight

HEY PEEPS—if you’re one of the 5,000 US companies that @jerallaire said at #Mainnet had been de-banked👇 in #OperationChokePoint 2.0, please get in touch with @custodiabank at info@custodiabank.com— Caitlin Long 🔑⚡️🟠 (@CaitlinLong_) 
 3:03 PM • Sep 20, 2023

Bitcoin has 32 halvingsWe've only seen 3.Let that sink in.— Julian Liniger (@julian_liniger) 3:30 PM • Sep 16, 2023

"In each of these cases (Grayscale, Ripple) you're seeing judges all over the country express a healthy dose of skepticism to the SEC's arguments." -@iampaulgrewal@coinbase at #Mainnet2023 w/ @KMSmithDC— Blockchain Association (@BlockchainAssn) 6:01 PM • Sep 20, 2023

The Federal Reserve kept the federal funds rate at 5.25%-5.5% in September 2023. Another hike may come later this year, with two cuts in 2024 according to projections.#Fed#Powell— The Financial Magpie (@FinancialMagpie) 7:30 PM • Sep 20, 2023

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Disclaimer: Crypto Flo DOES NOT provide financial advice. All content is for informational purposes only. Crypto Flo is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses. tnisGenslFlo