HB823Introduced in the House
AN ACT relating to digital asset wallets.
Introduced by Tom Smith, District 86
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Create a new section of KRS 369.130 to 369.139 to define "wallet provider"; require wallet providers to provide live customer service during operating hours and to provide a mechanism for, and assistance with, resetting any password, pin, seed phrase, or other similar information necessary to access the contents of a wallet; provide that a violation of the section is an unfair, false, misleading, or deceptive trade practices in violation of KRS 367.170; provide that the remedies and penalties are cumulative; authorize the Attorney General to promulgate administrative regulations for the proper enforcement of the section.
Where it stands
to Banking & Insurance (H)
March 10, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
introduced in House
to Committee on Committees (H)
to Banking & Insurance (H)
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