Bill > SB2251

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, permit their use on their property, or own a kiosk operating in Tennessee. The bill amends various Tennessee Code Annotated titles, indicating a broad impact on state law, and takes effect on July 1, 2026.