Delaware HB465 amends the Delaware Code to include virtual currency in definitions and search and seizure provisions.
Delaware HB465 amends Title 11 of the Delaware Code to include virtual currency in definitions and search and seizure provisions. The bill modifies definitions to encompass virtual currency as a digital representation of value used as a medium of exchange, unit of account, or store of value. It also updates the scope of property subject to search and seizure to include virtual currency. The bill specifies how seized virtual currency should be handled, including its return to lawful owners, disposal if used in a crime, or dispersal if traceable to crime proceeds.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.