North Carolina legislation · 2025-2026 Session
North Carolina H1029: NC Digital Asset and Stablecoin Act.
Status: In committee, June 11, 2026
What the bill says
An act to enact the north carolina digital asset and stablecoin act, as recommended by the house select committee on blockchain and digital assets.
From the introduced text:
A BILL TO BE ENTITLED AN ACT TO ENACT THE NORTH CAROLINA DIGITAL ASSET AND STABLECOIN ACT, AS RECOMMENDED BY THE HOUSE SELECT COMMITTEE ON BLOCKCHAIN AND DIGITAL ASSETS. The General Assembly of North Carolina enacts: PART I. DIGITAL ASSET FINANCIAL ACT SECTION 1.(a) Chapter 53 of the General Statutes is amended by adding a new Article to read: "Article 26. "Digital Asset Financial Act. "§ 53-441. Definitions. The following definitions apply in this Article: (1) Control. - A person has control if the person satisfies the requirements of G.S. 25-12-105. (2) Custody of a digital asset. - The legal relationship in which a financial institution holds digital assets on behalf of a customer as bailee or trustee by maintaining possession or control of the digital assets and any associated keys, such that the digital assets remain the property of the customer, are not assets or liabilities of the financial institution, and are not available to satisfy claims of the financial institution's creditors. (3) Customer. - A person for which a financial institution provides digital asset services, including a digital asset account holder or a person on whose behalf the financial institution acts in a fiduciary capacity. (4) Digital asset. - A natively electronic asset that confers economic, proprietary, or access rights and is recorded or stored in a blockchain, …
Sponsors
- Chesser, Allen (R, 25) · primary sponsor
- Willis, David (R, 68) · primary sponsor
- Ross, Stephen M. (R, 63) · primary sponsor
- Schietzelt, Mike (R, 35) · primary sponsor
- Biggs, Brian (R, 70)
- Branson, Jerry (R, 59)
- Cairns, Celeste C. (R, 13)
- Dixon, Jimmy (R, 4)
- Echevarria, Brian (R, 82)
- Pike, Joseph (R, 6)
- Pyrtle, A. Reece (R, 65)
- Shepard, Phil (R, 15)
Latest actions
- : Ref To Com On Rules and Operations of the Senate
- : Passed 1st Reading
- : Regular Message Received From House
- : Regular Message Sent To Senate
- : Passed 3rd Reading
- : Passed 2nd Reading
- : Added to Calendar
- : Cal Pursuant Rule 36(b)
- : Reptd Fav
- : Re-ref Com On Rules, Calendar, and Operations of the House
Votes
- NC Digital Asset and Stablecoin Act. Second Reading (June 9, 2026): 113 yea, 2 nay, passed
Subjects: PROPERTY, ABANDONED PROPERTY, INVESTMENTS, FINANCIAL INSTITUTIONS, COMMISSIONER OF BANKS, CRYPTOCURRENCY & NFTS, FINANCIAL SERVICES, PUBLIC
Common questions
- What is H1029?
- H1029 is a bill in the North Carolina Legislature (2025-2026 Session): NC Digital Asset and Stablecoin Act.
- What does H1029 do?
- In its own words: An act to enact the north carolina digital asset and stablecoin act, as recommended by the house select committee on blockchain and digital assets.
- What is the status of H1029?
- In committee as of June 11, 2026. Latest action: Ref To Com On Rules and Operations of the Senate (June 11, 2026).
- Who sponsored H1029?
- Chesser, Allen (R, 25), with 11 co-sponsors.
- Where is the official record for H1029?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/H1029
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.