Bill

Bill > SB2251


TN SB2251

TN SB2251
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
02/02/2026
In Committee
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. This prohibition applies to virtual currency kiosk operators, defined as those who engage in virtual currency business through such terminals in the state, allow their use on their property, or own a kiosk operated in Tennessee. The bill amends various Tennessee Code Annotated titles, indicating a broad impact on state law, and takes effect on July 1, 2026.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Companion House Bill substituted (on 03/16/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...