Alabama Stablecoin Legislation Signed by Governor Ivey
Summary
Alabama Governor Kay Ivey signed stablecoin legislation into law on April 9, 2026, establishing a regulatory framework for stablecoin issuance and use within the state. The law applies to entities involved in stablecoin issuance, exchange, and custodial services. Compliance obligations for affected businesses will depend on specific provisions within the legislation.
What changed
Alabama has enacted stablecoin legislation, establishing the state as one of the first to specifically regulate stablecoin activities. The law defines regulated activities related to stablecoin issuance, transfer, and custodial services.
Affected parties including cryptocurrency exchanges, stablecoin issuers, and financial institutions offering stablecoin services in Alabama must now comply with state-specific requirements including licensing, reserve maintenance, disclosure, and consumer protection standards. Businesses should review the legislation immediately and engage with the Alabama Securities Commission for implementation guidance.
What to do next
- Review the full legislation to identify specific compliance obligations
- Monitor for implementing regulations or guidance from Alabama regulators
- Contact Alabama Securities Commission for applicability determinations
Archived snapshot
Apr 16, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
April 9, 2026
ASC Stablecoin Legislation Signed by Governor Ivey
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