· TN legislature · 114

Banks and Financial Institutions - As introduced, prohibits a bank from digitizing or otherwise converting money held by the bank on behalf of a consumer into a digital currency, digital medium of exchange, or digital monetary unit of account, including cryptocurrency, without express, written authorization from the consumer for whom the money is held. - Amends TCA Title 45.

Sponsor

Jeff Yarbro (D-TN)

Introduced

2026-02-02

Latest action

Action deferred in Senate Commerce & Labor Committee to 3/17/2026