AR HB1720

Prohibits the use of digital currency trackers to monitor individuals' purchases or locations unless a warrant is issued in a criminal or civil case or the individual knowingly consents to tracking.

Defines "digital currency" as a digital form of money available to the general public, including central bank digital currency.

Preserves compliance requirements with federal financial privacy laws including the Right to Financial Privacy Act of 1978, the Bank Secrecy Act, and Federal Financial Institutions Examination Council regulations.

Protects financial institutions and their employees from liability when they refuse requests for disclosure of protected information in good faith under this statute.

Acknowledges that state statutes restricting disclosure of financial records could conflict with federal law and be subject to federal legal challenge.