THE BILL ITSELF
SB 738
Virtual Currency Transfers
Florida Senate - 2026 SB 738 By Senator Martin 33-00644-26 2026738__
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A bill to be entitled
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An act relating to virtual currency transfers;
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amending s. 48.193, F.S.; providing that requests by a
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defendant, regardless of location, to residents of
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this state to transfer virtual currency to an account
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located outside of this state subjects the defendant
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to the jurisdiction of the state courts; providing an
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effective date.
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Be It Enacted by the Legislature of the State of Florida:
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Section 1. Subsection (2) of section 48.193, Florida
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Statutes, is amended to read:
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48.193 Acts subjecting person to jurisdiction of courts of
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state.—
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(2) A defendant who is engaged in substantial and not
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isolated activity within this state, whether such activity is
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wholly interstate, intrastate, or otherwise, is subject to the
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jurisdiction of the courts of this state, regardless of whether
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or not the claim arises from that activity. Such activity
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includes, but is not limited to, a request by a defendant,
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regardless of his or her location, to a resident of this state
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to transfer virtual currency as defined in s. 560.103 to an
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account located outside of this state.
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Section 2. This act shall take effect July 1, 2026.