Lummis-Gillibrand Responsible Financial Innovation Act

Short title— This Act may be cited as the “Lummis-Gillibrand Responsible Financial Innovation Act”.

Table of contents— The table of contents for this Act is as follows:

Commodity— The term commodity has the meaning given the term in section 1a of the Commodity Exchange Act (7 U.S.C. 1a).

Digital asset; digital asset intermediary; distributed ledger technology; payment stablecoin; smart contract; virtual currency— The terms digital asset, digital asset intermediary, distributed ledger technology, payment stablecoin, smart contract, and virtual currency have the meanings given the terms in section 9801 of title 31, United States Code, as added by section 101 of this Act.

Security— Except as otherwise expressly provided, the term security has the meaning given the term in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)).