The bill establishes a new section, 925.13, in the Florida Statutes, which outlines the jurisdiction over virtual currency transactions that originate within the state. It specifies that for the purposes of jurisdiction for courts and law enforcement agencies, a virtual currency or bank account associated with a transaction originating in Florida is considered to be located in the county where the transaction took place or in any county where relevant actions related to the currency occurred.

This legislation aims to clarify the legal framework surrounding virtual currency transactions, ensuring that they are subject to Florida's laws and jurisdiction. The bill is set to take effect on July 1, 2026.