The bill amends section 48.193 of the Florida Statutes to clarify the jurisdiction of state courts over defendants involved in virtual currency transfers. Specifically, it establishes that if a defendant, regardless of their location, requests a resident of Florida to transfer virtual currency to an account outside the state, this action subjects the defendant to the jurisdiction of Florida courts.

The legal language changes include the insertion of phrases that emphasize the broad scope of activities that can lead to jurisdiction, specifically highlighting requests for virtual currency transfers. The bill aims to ensure that individuals engaging in such transactions cannot evade legal accountability by operating from outside the state. The act is set to take effect on July 1, 2026.

Statutes affected:
S 738 Filed: 48.193