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Deep Tide TechFlow News, March 7, According to The Block, the Florida State Legislature passed SB 314 with 37 votes in favor and zero against, becoming the first state in the U.S. to establish a state-level stablecoin regulatory framework. The bill will align with the federal GENIUS Act standards, requiring stablecoin issuers to comply with anti-money laundering regulations, prohibit unlicensed issuance, and explicitly state that stablecoins are not securities. The bill is expected to be signed into law by Governor Ron DeSantis within 30 days.