Bill > S2196

This bill, titled the "Digital Asset Keys -- Prohibition of Production of Private Keys," aims to prevent individuals from being forced to reveal their private keys, which are essential cryptographic data used to access and control digital assets, digital identities, or other rights. A private key is defined as a unique piece of secret data paired with a public key, and it's necessary for encrypting or decrypting information to complete transactions. The bill generally prohibits compelling anyone to produce or disclose a private key in any legal proceeding within the state, with a key exception: this protection does not apply if a public key is insufficient to reveal the necessary information about the digital asset or right. Furthermore, the bill clarifies that it does not prevent lawful proceedings that require the production or disclosure of the digital asset itself, or information about it, as long as the private key itself is not compelled, unless the exception regarding public key insufficiency applies. This act will become law immediately upon its passage.

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