Florida has not yet considered whether money transmitter laws apply to digital tokens tied to less fungible objects of value. See “ Industry Alert: Amnesty Period for Virtual Currency Sellers“Įven before Espinoza, Florida considered the sale of a digital token tied to the ownership of a gram of gold to be governed by money transmitter laws. Florida’s amnesty period to comply with the Espinoza decision ends Dec. §896.101(f) (the Florida Money Laundering Act). §560.103(23) “receives currency, monetary value, or payment instruments for the purpose of transmitting the same by any means” a Florida appellate court found that this includes trade in digital currency.