Digital Taxonomy Act.

Summary

The bill adds new statutes that spell out what digital assets, distributed ledgers, sealed tokens and related concepts mean, and sets up a classification system and analytical hierarchy. It applies to anyone who holds, issues, or manages such assets, giving courts and regulators clearer language for legal decisions. The measure failed and was dismissed in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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