HB 1029 North Carolina House · 2025-2026 Session

NC Digital Asset and Stablecoin Act.

This bill establishes a regulatory framework for North Carolina banks and credit unions to offer digital asset services, such as custody, staking, and transaction processing. It requires these financial institutions to notify state regulators before starting custody services and obtain specific approval if they intend to manage customer assets in a fiduciary capacity. The legislation also mandates clear written agreements between institutions and customers, explicitly stating that digital assets held by the bank are not insured deposits or liabilities of the institution. By defining key terms like digital assets and staking, the act aims to provide legal clarity and safety standards for the growing digital asset market within the state.

Issues: ✓ Technology

Bill status passed 3 of 5 stages cleared

Introduction

Apr 2026

Committee Review

Jun 2026

House Passage

Jun 2026

Senate Passage

Governor

Introduced Apr 21, 2026 Last action Jun 11, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

Edition 2 → Edition 3 · 2 edits

MINOR

The bill was renumbered from Edition 2 to Edition 3, indicating a revision in the legislative process. A minor wording change was made to the definition of 'Digital asset custody services' to add 'control' alongside 'safekeeping' and 'administration', clarifying the scope of what financial institutions must protect. The document also includes a version identifier update from v-2 to v-3.

DEFINITION

The definition of 'Digital asset custody services' was updated to explicitly include 'control' as a function, ensuring the legal definition covers all aspects of managing customer assets.

TECHNICAL

The document version number was updated from Edition 2 to Edition 3, and the header page number was changed from 2 to 3 to reflect the new revision.

Floor votes · House Jun 9, 2026

How they voted

110–2

Passed · 5 other

Total votes 117

Jun 9, 2026

D Democratic46

44 Yea 2 Nay

95% Yea

R Republican71

66 Yea 5

92% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 11, 2026

Committee

Ref To Com On Rules and Operations of the Senate

upper

Jun 9, 2026

Lower · Passed

Passed 3rd Reading

lower

Jun 9, 2026

Lower · Passed

Reptd Fav

lower

Jun 9, 2026

Committee

Re-ref Com On Rules, Calendar, and Operations of the House

lower

Jun 9, 2026

Lower · Passed

Reptd Fav Com Sub 2

lower

May 12, 2026

Committee

Re-ref Com On Finance

lower

May 12, 2026

Lower · Passed

Reptd Fav Com Substitute

lower

Apr 22, 2026

Committee

Ref to the Com on Commerce and Economic Development, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House

lower

Apr 21, 2026

Introduced

Filed

lower

3 primary · 10 co-sponsors