Policy Reference

Nevada

Crypto law profiles, official sources, milestones, and related coverage for Nevada.

United States
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Topic
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Law database

2 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Nevada Virtual Currency Money Transmission Regime AB 21 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Assembly Committee on Commerce and Labor (Unknown)

Nevada Revised Statutes Chapter 671 — Money Transmission

Nevada regulates virtual-currency transmission through NRS Chapter 671 and FID determinations. Licensing may apply to money transmission, stored value, fiat/digital currency transmission, or custody models.

Last action: May 24, 2023 - AB 21 approved as Chapter 23, modernizing NRS Chapter 671 money transmission provisions.

Next: Jan 1, 2030 - Future NRS 671.020 version

Profile State source NRS Chapter 671 — Money Transmission Milestone source
Nevada Blockchain Technology Tax Prohibition SB 398 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Ben Kieckhefer (R)

Senate Bill No. 398: Establishes various provisions relating to the use of blockchain technology

Nevada law bars counties and incorporated cities from imposing taxes, fees, licenses, permits or other requirements on blockchain use. SB 398 also treated blockchain as an electronic record under the state’s UETA.

Last action: Jun 5, 2017 - Approved by the Governor. Chapter 391.

Profile State source SB 398 Enrolled Bill Text

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