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Wednesday's Daily Pulse
What you need to know about Florida today
Florida is creating its own Crypto Czar
Florida’s Chief Financial Officer Jimmy Patronis is going to create a new position to oversee the state’s cryptocurrency industry. Patronis said the position would explore how laws that govern securities and insurance apply to cryptocurrencies and initial coin offerings, or ICOs. In addition, all ICO and cryptocurrency companies based in Florida will be required to register with the Office of Financial Regulation and will be under the supervision of the new czar. More from the Orlando Sentinel, Engadget, and Coindesk.
» Read the full statement from CFO Jimmy Patronis
See also:
» Florida Chief Financial Officer Jimmy Patronis, opponent Jeremy Ring debate cryptocurrency
Budget glitch may strip millions from organizations that serve homeless people
What will Florida do with a $4.1 million grant earmarked for homeless organizations across the state? Nothing, apparently. While the Florida Legislature granted spending authority to the Florida Department of Children and Families for services to homeless people, it did not provide language for the agency to actually use the money. [Source: Miami Herald]
Smaller Florida farms could find fertilizer, water rules daunting
Much of Florida’s agriculture industry will have to follow best management practices for irrigation and fertilizer use or conduct water quality monitoring under new regulations taking effect July 1. Major farm operations already follow best practices and aren’t likely to feel much impact from the new state requirements. [Source: Bloomberg BNA]
Even if housing aid ends this week, Puerto Rican evacuees say they won't go back
About 1,800 Puerto Rican hurricane evacuees receive shelter aid in Florida – and their situation gets urgent on Saturday, June 30, when the government is ending that assistance. Those families are asking for more time in the program to build more savings to qualify for housing. [Source: WLRN]
Florida's medical marijuana industry is beginning to take off
Medical marijuana dispensary hiring in Florida is beginning to germinate, as existing operators prepare to open new stores and other companies enter the market. Expansion by existing and new operators could result in more than 500 dispensaries across the state — and thousands of jobs. [Source: South Florida Sun-Sentinel]
Special Report
Florida Trend's annual list of top lawyers names 1,012 honorees. Lists include:
• Winners by Practice Area
• Hall of Fame
• Government and Non-Profit Attorneys
• Up and Comers
• and a full alphabetical list.
SEE ALL THE WINNERS HERE
ALSO AROUND FLORIDA:
› People's Trust blocks public release of audit into criminal allegations against former CEO
People’s Trust Insurance is blocking public release of an audit that investigated its current CEO’s claims that its former CEO used company funds illegally before his January 2014 death.
› Florida farmers experimenting with olive trees
Ride our back roads and you'll see many fields of peanuts, cotton, and soybeans. How about some olive groves thrown in for flavor? About 20 Florida farmers are experimenting with the mostly Mediterranean trees, including one grower in Santa Rosa County.
› A Miami developer is swooping into the Keys and making a promise to workers
A Miami developer wants to build 279 units of workforce housing on three waterfront parcels on Stock Island that now house trailer parks. The firm also wants to build 41 units of workforce housing in Islamorada, where it owns two marinas.
Don Williams› Data company Validity expands to Tampa with plans to hire 75
Data quality and compliance company Validity Inc., has opened a new hub in Tampa with plans to hire 75 local employees in sales and marketing by the end of the year .Don Williams, VP of Sales and Marketing at Validity said, “The city has been a great partner to us as we scale and look to attract more talented highly-skilled employees.”
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