"Digital Asset and Blockchain Technology Act."

This bill establishes a licensing framework for businesses operating with digital assets (like cryptocurrencies) in New Jersey. It requires companies engaging in activities such as storing, trading, or issuing digital assets to obtain a license from the Bureau of Securities, unless exempt. Key exemptions include digital consumer assets used solely within online gaming platforms that don’t convert to cash or other currencies. The law explicitly excludes traditional securities from its scope and applies to activities occurring within New Jersey or targeting New Jersey residents.