Tennessee · 114th Regular Session (2025-2026) · Bill

HB 2060: 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.

In committee Last action March 18, 2026: No Action Taken

Plain-language summary

HB 2060 is a bill introduced in the Tennessee House on January 23, 2026. According to its official title, it concerns: 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. Primary sponsor: Towns. Most recent recorded action (March 18, 2026): No Action Taken.

Sponsors

Primary sponsor: Towns.