House
Engrossed
2026 Regular Session

HB380

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AN ACT relating to the regulation of digital asset business.

Amend various sections and create new sections of Subtitle 11 of KRS Chapter 286 to expand the scope of the subtitle to include virtual currency kiosk business; define terms; require licensure for virtual currency kiosk business in this state; require each virtual currency kiosk business location to be approved by the commissioner of the Department of Financial Institutions; require each application for a license to engage in virtual currency kiosk business to be accompanied by…

Introduced: January 14, 2026

Last action: March 16, 2026

To Committee On Committees (S)
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This bill sets new rules for businesses that operate virtual currency kiosks, sometimes called Bitcoin ATMs, in Kentucky. It requires those businesses to obtain a license, get each kiosk location approved by the state Department of Financial Institutions, and follow specific rules around disclosures, fraud prevention, refunds, and recordkeeping. State regulators would have the power to fine operators, order refunds to customers, and even have kiosks seized if the rules are broken. Who it may…

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Legislative History

Jan 14, 2026 · House
Introduced In House
Jan 14, 2026 · House
To Committee On Committees (H)
Jan 22, 2026 · House
To Banking & Insurance (H)
Mar 4, 2026 · House
Reported Favorably, 1st Reading, To Calendar With Committee Substitute (1)
Mar 4, 2026 · House
Floor Amendment (1) Filed To Committee Substitute (clerical)
Mar 5, 2026 · House
2nd Reading, To Rules (clerical)
Mar 9, 2026 · House
Posted For Passage In The Regular Orders Of The Day For Tuesday, March 10 2026 (clerical)
Mar 10, 2026 · House
Floor Amendment (2) Filed To Committee Substitute (clerical)
Mar 13, 2026 · House
3rd Reading, Passed 85-0 With Committee Substitute (1), Floor Amendments (2) And (3) And Floor Amendment (4-Title)
Yea: 85
Nay: 0
Absent: 15
LegiScan roll call
Mar 13, 2026 · House
House Floor Vote
Passed
Yea: 73
Nay: 0
Absent: 27
LegiScan roll call

Primary Sponsor

Portrait of Tom Smith
Tom Smith

Representative · House District 086

Primary sponsor
Tom.Smith@kylegislature.gov
BallotpediaOfficial profile

Co-sponsors (1)

Portrait of Aaron Thompson
Aaron Thompson

Representative · House District 098

Co-sponsor
aaron.thompson@kylegislature.gov

Bill Text Versions

Engrossed (passed one chamber)

Most current
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Introduced (original)

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