Delaware HB465 amends the Delaware Code to include virtual currency in definitions of property and funds.

Delaware HB465 amends Title 11 of the Delaware Code to redefine "property" and "funds" to include virtual currency. This change affects definitions in various sections, including search and seizure, disposition of seized property, theft and related offenses, and money laundering. Virtual currency is defined as a digital representation of value used as a medium of exchange, unit of account, or store of value, excluding certain affinity or rewards program transactions. This amendment ensures that virtual currency is treated similarly to other forms of value in legal contexts.

Delaware HB465 amends the Delaware Code to include virtual currency in definitions of property and funds.

Delaware HB465 amends Title 11 of the Delaware Code to redefine "property" and "funds" to include virtual currency. This change affects definitions in various sections, including search and seizure, disposition of seized property, theft and related offenses, and money laundering. Virtual currency is defined as a digital representation of value used as a medium of exchange, unit of account, or store of value, excluding certain affinity or rewards program transactions. This amendment ensures that virtual currency is treated similarly to other forms of value in legal contexts.