Alabama · 2025 Regular Session · Bill

SB 17: Digital assets, prohibits the state from certain actions related to digital assets and exempts certain actions from classification as a security or money transfer

In committee Last action February 4, 2025: Read for the first time and referred to the Senate Committee on Banking and Insurance

Plain-language summary

SB 17 is a bill introduced in the Alabama Senate on November 19, 2024. According to its official title, it concerns: Digital assets, prohibits the state from certain actions related to digital assets and exempts certain actions from classification as a security or money transfer. Primary sponsor: Coleman (M). Most recent recorded action (February 4, 2025): Read for the first time and referred to the Senate Committee on Banking and Insurance.

Sponsors

Primary sponsor: Coleman (M).