Stablecoin; license required for issuance or sale of stablecoins, Alabama Securities Commission to enforce and authorize, penalties provided
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Stablecoin; license required for issuance or sale of stablecoins, Alabama Securities Commission to enforce and authorize, penalties provided” Read the full text
2026 regular session
What it does
This act is the Financial Innovation and Market Expansion Act. This act adds Chapter 7B to Title 8, Code of Alabama 1975, to: (1) prohibit issuing payment stablecoins without a permit, subject to exceptions; (2) beginning 2028, prohibit digital asset service providers from offering payment stablecoins not issued by permittees, subject to exceptions; (3) authorize the Alabama Securities Commission to establish a license application process according to specified requirements; (4) require licensee
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Enacted (latest official status) · Jan 15, 2026
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.
The numbers
1
sponsor on the bill
Sponsors
Shaw
Recorded votes
Recorded voteSenate · 2026-04-01 · yeas 34, nays 0, abstains 0
Recorded voteSenate · 2026-04-01 · yeas 26, nays 7, abstains 0
Recorded voteSenate · 2026-04-01 · yeas 33, nays 0, abstains 0
Recorded voteHouse · 2026-03-10 · yeas 97, nays 1, abstains 3
Recorded voteHouse · 2026-03-10 · yeas 100, nays 0, abstains 4
Recorded voteHouse · 2026-03-10 · yeas 97, nays 0, abstains 3
Roll-call results shown verbatim from the Alabama legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Enacted.