Technically renumbered to avoid duplication of newly enacted code also in SB0294, Chapter 482.

1. (1) "Blockchain protocol" means any executable software deployed to enable the transfer of data and electronic records through a distributed network of nodes, including an additional standardized set of rules that uses a previously existing blockchain as a base.

2. (2) "Digital asset" means:

   1. (a) virtual currency;
   2. (b) cryptocurrency;

   3. (c) natively electronic assets, including:

      1. (i) stablecoins; and
      2. (ii) non-fungible tokens; or
   4. (d) other digital-only assets that confer economic, proprietary, or access rights or powers.

3. (3) "Hardware wallet" means a physical device that:

   1. (a) is not continuously connected to the Internet;
   2. (b) allows an individual to secure and transfer digital assets; and
   3. (c) enables the owner of digital assets to retain independent control over the digital assets.

Enacted by Chapter 228, 2025 General Session