1 bill · 2024 Regular Session
Amends and adds to existing law to establish provisions for central bank digital currencies.
This legislation protects the right to mine, store and transfer digital assets. This legislation amends the Idaho Digital Assets Act to add definitions and clarifies digital assets and exempt from taxation when used as a form of payment in a transaction. Finally, it defines central bank digital currency and excludes it from the Idaho Uniform Commercial Code’s definition of money and prohibits state engagement with the protocol.
30 – 40