34-29-101. Definitions.
(a) As used in this chapter:
(i) "Digital asset" means a representation of economic, proprietary or access rights that is stored in a computer readable format, and includes digital consumer assets, digital securities and virtual currency;
(ii) "Digital consumer asset" means a digital asset that is used or bought primarily for consumptive, personal or household purposes and includes:
(A) An open blockchain token constituting intangible personal property as otherwise provided by law;
(B) Any other digital asset which does not fall within paragraphs (iii) and (iv) of this subsection.
(iii) "Digital security" means a digital asset which constitutes a security, as defined in W.S. 17-4-102(a)(xxviii), but shall exclude digital consumer assets and virtual currency;
(iv) "Virtual currency" means a digital asset that is:
(A) Used as a medium of exchange, unit of account or store of value; and
(B) Not recognized as legal tender by the United States government.
(b) The terms in paragraphs (a)(ii) through (iv) of this section are mutually exclusive.
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