The bill amends South Dakota's existing law regarding search and seizure provisions to explicitly include digital currency within the definition of "property." Specifically, it modifies Section 23A-35-14 to clarify that "property" encompasses documents, books, papers, digital currency, and other tangible objects. This change aims to ensure that the legal framework governing search and seizure is applicable to digital assets, reflecting the growing importance of digital currency in financial transactions.
Additionally, the bill introduces a new section that defines "digital currency" as a digital representation of value recorded on a cryptographically secured distributed ledger or similar technology, such as blockchain. This definition is intended to provide clarity on what constitutes digital currency in the context of search and seizure laws, thereby enhancing the legal understanding and treatment of digital assets in South Dakota.
Statutes affected: Introduced, 01/06/2026: 23A-35-14
Enrolled, 03/04/2026: 23A-35-14