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

SB 2522: 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 April 7, 2026: Assigned to General Subcommittee of Senate Commerce and Labor Committee

Plain-language summary

SB 2522 is a bill introduced in the Tennessee Senate on February 2, 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: Jeff Yarbro (Democratic). Most recent recorded action (April 7, 2026): Assigned to General Subcommittee of Senate Commerce and Labor Committee.

Sponsors

Primary sponsor: Jeff Yarbro (Democratic).