US Crypto Regulation

Sponsored by Avelino Valencia (D)

An act to add Chapter 37 (commencing with Section 7599.210) to Division 7 of Title 1 of the Government Code, relating to digital assets.

California AB 2409 restricts meme coin issuance by public officers and certain employees and listings of newly issued official-linked coins for residents. Signed September 27, 2026; effective January 1, 2027.

Last action: Sep 27, 2026 - Governor announced signing AB 2409; legislative history retrieved still ends with September 3 presentation to the governor.

Next: Jan 1, 2027 - Effective date and listing issuance cutoff

Sponsored by Sen. John Stevens (R)

AN ACT to amend Tennessee Code Annotated, Title 47, relative to the Uniform Commercial Code.

Tennessee Public Chapter 704 incorporates 2018 and 2022 UCC amendments into Title 47, including controllable electronic records, control, perfection, priority, electronic money, and transition rules effective July 1, 2026.

Last action: Apr 24, 2026 - Public Chapter 704 assigned; effective date recorded as 07/01/2026.

Next: Jul 1, 2027 - Transition adjustment date

Sponsored by Rep. Morgan Rielly (D)

An Act to Amend the Maine Revised Unclaimed Property Act and Clarify the Definition of “Virtual Currency”

Maine’s 2026 amendment to the Revised Unclaimed Property Act adds virtual currency as a property type and sets rules for abandonment, custody, liquidation, owner notice, and recovery.

Last action: Apr 13, 2026 - Governor signed Public Law 2025, chapter 675 on Apr. 13, 2026.

Sponsored by Rep. Russell Bedsole (R)

Cryptocurrency Kiosk Fraud Prevention Act

Alabama HB303 adds crypto kiosk fraud safeguards, transaction limits, refund rules, privacy-coin restrictions, and ASC enforcement authority effective Oct. 1, 2026.

Last action: Apr 8, 2026 - Enacted as Alabama HB303; the enrolled text states the Act becomes effective on Oct. 1, 2026.

Sponsored by Senate Judiciary Chair at request of Attorney General (Unknown)

An Act to address search and seizure provisions applicable to digital currency.

South Dakota SB 43 amends criminal-procedure search-and-seizure provisions so property includes digital currency and defines digital currency for Chapter 23A-35. Signed in March 2026; effective July 1, 2026.

Last action: Mar 12, 2026 - Signed by the Governor on March 11, 2026; recorded in the Senate Journal on March 12, 2026.

Sponsored by Rep. Kyle Pierce (R)

House Enrolled Act No. 1042, Regulation and investment of cryptocurrency

Indiana HEA 1042 requires covered state retirement and savings programs to offer, by July 1, 2027, a self-directed brokerage account with at least one crypto investment option; it also limits some state/local restrictions on digital asset activity.

Last action: Mar 3, 2026 - Signed by the Governor and recorded as Public Law 49.

Next: Jul 1, 2027 - Crypto option offer deadline

Sponsored by Sen. Bill Hagerty [R-TN] (R)

Guiding and Establishing National Innovation for U.S. Stablecoins Act

U.S. Public Law 119-27 creates a federal framework for payment stablecoin issuers, reserves, disclosures, AML/sanctions duties, and federal-state oversight.

Last action: Jul 18, 2025 - Became Public Law No. 119-27.

Next: Jan 18, 2027 - Fallback Effective Date

Sponsored by Del. Joshua G. Cole (D)

Financial institutions; regulation of money transmitters, penalty, effective date.

Virginia’s 2025 MTMA-style law creates a new money-transmitter framework effective July 1, 2026. It defines virtual currency but excludes it from “money.”

Last action: Mar 21, 2025 - Approved by Governor as Acts of Assembly Chapter 214; delayed effective date July 1, 2026.

Sponsored by Assemblymember Tim Grayson

AB 1934, Digital financial asset businesses; Digital Financial Assets Law stablecoin amendments

California amendments to DFAL that delay licensing and stablecoin operative dates to July 1, 2026, add monthly compliance records, and allow DFPI-approved stablecoins subject to conditions.

Last action: Sep 29, 2024 - Chaptered by Secretary of State as Chapter 945, Statutes of 2024.