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HB2060Introduced in the House

AN ACT to amend Tennessee Code Annotated, Title 45, relative to digital currencies.

Introduced

Introduced by Joe Towns, District 84

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

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.

Where it stands

No Action Taken

March 18, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C, ref. to Commerce Committee

  4. Assigned to s/c Banking & Consumer Affairs Subcommittee

  5. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/4/2026

  6. Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/11/2026

  7. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/11/2026

  8. Action Def. in s/c Banking & Consumer Affairs Subcommittee to 3/18/2026

  9. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/18/2026

  10. No Action Taken

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