SB 163·LA·senate
COMMERCIAL REGULATIONS: Provides relative to the licensing and regulation of virtual currency businesses. (8/1/26)
Signed into LawFiled Feb 25, 2026
Sponsor: Mike Reese (R)
Latest Action
Becomes Act No. 923 without the Governor's signature.
Jun 23, 2026
Summary
The bill eliminates Section 2 of Act No. 700 from the 2024 session, which had set up a licensing and regulatory framework for virtual currency firms. By removing that provision, the state no longer imposes those specific licensing requirements on such businesses. This change affects companies dealing with cryptocurrencies and the state office that would have overseen them.
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