Xapo, Inc.; On 1/31/2019, the Florida Office of Financial Regulation (Consumer Finance) received the original Petition for Declaratory Statement from Xapo, Inc. The petition sought a declaratory statement from the Office whether its proposed ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

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

On 1/31/2019, the Florida Office of Financial Regulation (Consumer Finance) received the original Petition for Declaratory Statement from Xapo, Inc. The petition sought a declaratory statement from the Office whether its proposed business model (to offer bitcoin management and storage services to consumers and institutions) falls under the Florida Money Transmitter Statute, Chapter 560, Florida Statutes. ********PETITION WITHDRAWN - On 4/30/2019, the Petitioner WITHDREW the Petition for Declaratory Statement.

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].