License required.

F.S. 560.204
in effect
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(1) Unless exempted, a person may not engage in, or in any manner advertise that they engage in, the activity of a payment instrument seller or money transmitter, for compensation, without first obtaining a license under this part. For purposes of this subsection, the term “compensation” includes profit or loss on the exchange of currency, monetary value, or virtual currency. (2) A licensee under this part may also engage in the activities authorized under part III of this chapter without the imposition of any additional licensing fees.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter560/AllFetched: 7/8/2026

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