---
type: subdivision
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "north_america", "fatf", "crypto_friendly"]
aliases: ["US-FL", "USA-FL"]
created: 2026-04-13
updated: 2025-10-01
compile_into: ["[[country--united-states]]"]
sources:
  - name: "Florida Office of Financial Regulation"
    url: "https://www.flofr.gov"
    type: "official"
---

#  Florida (US-FL) — Crypto Regulation

> Florida has positioned itself as a crypto-friendly state with Governor-level support for digital assets. The state enacted legislation clarifying the regulatory treatment of virtual currencies and has attracted major crypto companies to its Miami hub.

## Overview

| Field | Value |
|-------|-------|
| Status | crypto_friendly |
| Sub-jurisdiction of | [[country--united-states|United States]] |
| Risk Score | 25/100 (Low Risk) |
| Enforcement Level | Low |
| Region | [[domain--north-america|north america]] |
| Currency | [[entity--usd|USD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | 0% state income tax (federal capital gains tax still applies) |
| Capital Gains (Corporate) | 5.5% state corporate income tax on Florida-sourced income (federal 21% also applies) |
| VAT on Crypto | No |
| Mining Tax | No state income tax for individuals; corporate tax may apply to mining businesses |
| Staking Tax | No state-level income tax for individuals; federal taxes apply |
| Airdrop Tax | No state-level income tax for individuals; federal taxes apply |

Florida has no state individual income tax. Corporate income is taxed at 5.5% on Florida-apportioned income. This, combined with the state's pro-crypto stance, has made Miami a major crypto hub.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--fl-ofr|FL OFR]] |
| Framework | Florida Money Services Businesses Act (Ch. 560); Florida Digital Assets Bill (2023) |
| Ease | medium |
| Cost | $10,000 - $150,000 |
| Timeline | 3-9 months |

Florida requires money transmitter licensing for crypto exchanges and custodians under Ch. 560. The 2023 Digital Assets Bill provided clearer definitions and regulatory treatment for virtual currencies. Miami has become a major crypto hub with events like Bitcoin Miami and the city's exploration of CityCoins.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** Unclear

Florida has not issued DeFi-specific rules. The state's generally supportive stance suggests tolerance for DeFi activities.

## Stablecoins

**Status:** no_rules

No Florida-specific stablecoin regulation. Federal-level rules apply.

## NFTs

**Status:** no_rules

No specific NFT regulation; generally permitted

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 20% |
| Climate | temperate |
| Infrastructure | excellent |

Florida has good infrastructure and legal mining environment with moderate electricity costs. Renewable energy share is about 20%.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 67/100 |
| Ease of Business | easy |
| Internet Freedom | free |
| Banking Access | open |

## Enforcement

No significant enforcement actions reported; jurisdiction actively encourages crypto business

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [Florida Office of Financial Regulation](https://www.flofr.gov)