Cryptobase, LLC,; The petition sought a declaratory statement from the Office on whether the sale of virtual currency in the State of Florida via automated kiosk (“kiosk”) will require obtaining licensure, under Chapter 560, Florida Statutes. ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Office of Financial Regulation has issued an order disposing of the petition for declaratory statement filed by Cryptobase, LLC, on April 03, 2018. The following is a summary of the agency’s disposition of the petition:

The petition sought a declaratory statement from the Office on whether the sale of virtual currency in the State of Florida via automated kiosk (“kiosk”) will require obtaining licensure, under Chapter 560, Florida Statutes. On June 28, 2018, the Office of Financial Regulation issued a Final Order advising Petitioner it is not required to obtain licensure as a "money transmitter," under chapter 560, Florida Statutes, for the activities described in its Petition.

A copy of the Order Disposing 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] or online at https://real.flofr.com/datamart/searchFinalOrderFLOFR.do.

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