Plain language
Terms to know
- Digital asset
- A digital representation of value, rights, powers, or other interests recorded on a cryptographically secured distributed ledger.
- Distributed ledger
- Technology through which a shared state remains recorded, synchronized and maintained across a network using cryptography and consensus protocols.
Public statements
Why lawmakers voted
Last checked Aug 1, 1:43 PM
Why they voted this way
The lawmaker supports the bill because it clarifies legal definitions for digital assets and tokens, which protects property rights by reducing uncertainty and litigation confusion.