"Digital Asset and Blockchain Technology Act."

This bill establishes a licensing framework for digital asset businesses in New Jersey, requiring businesses engaging in activities like buying, selling, storing, or exchanging digital assets to obtain a license from the Bureau of Securities. It defines "digital asset" to exclude securities but includes virtual currency and digital consumer assets, while exempting certain activities like digital assets used within gaming platforms or prepaid cards. Businesses must disclose risks to consumers, maintain compliance policies, and face $500 per day penalties for operating without a license. The bill also creates a Digital Asset Enforcement Fund to support regulatory oversight and establishes requirements for application processes, background checks, and annual renewals.