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Bill > HB2505

TN HB2505

TN HB2505
AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 12; Title 13; Title 29; Title 39; Title 45; Title 47 and Title 67, relative to virtual currency kiosks.

summary

Introduced
02/03/2026
In Committee
02/05/2026
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, makes it a class A misdemeanor for a virtual kiosk operator or other person to knowingly install or allow installation of, permit, place, or otherwise operate a virtual currency kiosk in this state. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 8; Title 12; Title 13; Title 29; Title 39; Title 45; Title 47 and Title 67.

AI Summary

This bill makes it a Class A misdemeanor, a serious criminal offense, for any person or entity to knowingly install, permit the installation of, place, or operate a virtual currency kiosk in Tennessee. A virtual currency kiosk is defined as an electronic terminal that facilitates the exchange of virtual currency, which is a digital representation of value not recognized as legal tender by the U.S. government, for money or other virtual currency. The bill also defines a virtual currency kiosk operator as someone who engages in virtual currency business through such a terminal in the state, or knowingly allows one to be installed on their property. This legislation aims to regulate or prohibit these types of kiosks within the state, with the prohibition taking effect on July 1, 2026.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/4/2026 (on 02/25/2026)
(1 Companion Bills)

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