Sec. 606. Study on non-fungible digital assets
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/bill/118/hr/4763/rfs/section-606·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Comptroller General of the United States shall carry out a study of non-fungible digital assets that analyzes— the nature, size, role, purpose, and use of non-fungible digital assets; the similarities and differences between non-fungible digital assets and other digital assets, including digital commodities and payment stablecoins, and how the markets for those digital assets intersect with each other; how non-fungible digital assets are minted by issuers and subsequently administered to purchasers; how non-fungible digital assets are stored after being purchased by a consumer; the interoperability of non-fungible digital assets between different blockchain systems; the scalability of different non-fungible digital asset marketplaces; the benefits of non-fungible digital assets, including verifiable digital ownership; the risks of non-fungible tokens, including— intellectual property rights; cybersecurity risks; and market risks; whether and how non-fungible digital assets have integrated with traditional marketplaces, including those for music, real estate, gaming, events, and travel; whether non-fungible tokens can be used to facilitate commerce or other activities through the representation of documents, identification, contracts, licenses, and other commercial, government, or personal records; any potential risks to traditional markets from such integration; and the levels and types of illicit activity in non-fungible digital asset markets.
Not later than 1 year after the date of the enactment of this Act, the Comptroller General, shall make publicly available a report that includes the results of the study required by subsection (a).