SB32
Log in to followAN ACT relating to measures to strengthen Kentucky's economic infrastructure.
Amend KRS 369.130 to add and modify various definitions; create a new section of KRS 369.130 to 369.139 to prohibit the Commonwealth of Kentucky and governing authorities from issuing, recognizing as legal tender, accepting or requiring as payment, or participating in any test of central bank digital currency; create new sections of KRS 369.130 to 369.139 and KRS Chapter 393 to prohibit ownership of digital asset mining businesses by prohibited foreign parties; provide for enforcement…
Introduced: January 6, 2026
Last action: February 18, 2026
Plain-language summary
This bill makes several changes to how Kentucky handles digital and physical currency. It would ban the state from using or accepting central bank digital currency, allow state funds to be invested in gold and silver bullion, recognize gold and silver as legal tender in Kentucky, and set up a licensing and oversight system for virtual currency kiosks (machines where people buy or sell cryptocurrency). It also prohibits foreign adversaries from owning cryptocurrency mining businesses…
Bill Text Versions
Legislative History
Primary Sponsor
Co-sponsors (2)
