Ohio HB426 regulates the safekeeping and management of unclaimed digital assets.

Ohio HB426 amends the state's Revised Code to establish procedures for the management and safekeeping of unclaimed digital assets. The bill defines digital assets and digital asset accounts, and outlines criteria for determining when such assets are considered abandoned. It mandates that holders of digital assets report and deliver presumed abandoned assets to a qualified custodian designated by the director of commerce.

Ohio HB426 regulates the safekeeping and management of unclaimed digital assets.

Ohio HB426 amends the state's Revised Code to establish procedures for the management and safekeeping of unclaimed digital assets. The bill defines digital assets and digital asset accounts, and outlines criteria for determining when such assets are considered abandoned. It mandates that holders of digital assets report and deliver presumed abandoned assets to a qualified custodian designated by the director of commerce.