An Act providing for restriction on use and custody of digital assets prohibited and for use of nodes authorized.

This Pennsylvania bill, known as the Digital Assets Authorization Act, prevents state and local governments from banning the use of digital assets like cryptocurrencies for legal transactions or from stopping individuals from keeping their own digital funds in personal wallets. It also explicitly allows residents to operate computer nodes that connect to blockchain networks for transferring assets or maintaining records. While the law protects these activities from government interference, it does not override existing regulations requiring businesses to hold specific licenses or report suspected financial crimes. The legislation takes effect 60 days after its passage.