Localcoin, Inc.; On 4/27/2020 the Petition was WITHDRAWN,. The petition sought a declaratory statement from the Office whether its business model (to sell virtual currency in the state of Florida via automated kiosk) falls under the Florida Money ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Florida Office of Financial Regulation has received the petition for declaratory statement from Localcoin, Inc. The petition seeks the agency's opinion as to the applicability of Chapter 560, Florida Statutes, as it applies to the petitioner.

On 4/27/2020 the Petition was WITHDRAWN, The petition sought a declaratory statement from the Office whether its business model (to sell virtual currency in the state of Florida via automated kiosk) falls under the Florida Money Transmitter Statute, Chapter 560, Florida Statutes.******The original petition was published February 3, 2020 in the Florida Administrative Register Volume 46, Number 22.

A copy of the Petition for Declaratory Statement may be obtained by contacting: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone], [e-mail].

Please refer all comments to: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone], [e-mail].