SR 347: Honoring Natalia Botello on winning the 2026 NCAA Women's Saber Championship.

```html <div> <p>This bill establishes a comprehensive framework for digital asset regulation, defining cryptocurrencies and tokens as property for tax purposes while excluding certain utility tokens used solely for network access. It creates a new regulatory body to oversee digital asset exchanges and custodians, requiring them to register, maintain financial reserves, and adhere to strict cybersecurity standards.</p> <p>The legislation mandates enhanced consumer protections, including clear disclosure requirements for risks associated with digital assets and provisions for the recovery of funds in cases of exchange insolvency. It also addresses money laundering concerns by requiring exchanges to implement Know Your Customer (KYC) procedures and report suspicious activities to financial intelligence units.</p> <p>Additionally, the bill clarifies the legal status of smart contracts and…