Introduced

Passed House

Passed Senate

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · March 10, 2026

To Banking & Insurance (H)

Introduced March 3, 2026

House

Adjourned Sine Die

2026 Regular Session

HB823

AN ACT relating to digital asset wallets.

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.

Administrative Regulations and Proceedings Attorney General Consumer Protection Information Technology Technology

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This bill would set new rules for companies that provide digital asset wallets, which are tools people use to store and access cryptocurrency and similar digital assets. It would require those companies to offer live customer service during business hours and to help users regain access to their wallets if they forget a password or other login information. Violating these requirements would be treated as a deceptive trade practice, and the Attorney General would have authority to enforce the rules. Who it may affect: Kentuckians who use digital asset wallets or cryptocurrency services.

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