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PROPOSEDPROPOSED BILLAlabamaMEDIUM IMPACT

Stablecoin Licensing Requirement in Alabama

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PROPOSED LEGISLATIONThis bill has been introduced but has NOT been signed into law. Legislative proposals may be amended, passed, or fail to advance. This is not current law.

This proposed bill would require a license from the Alabama Securities Commission for anyone issuing or selling stablecoins within the state. Before this change, there were no specific licensing requirements for stablecoin activities. This new requirement affects issuers and sellers of stablecoins who will need to obtain a license to continue their operations legally in Alabama. The exact effective date is not specified.

Published April 6, 2026
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