S.Amdt. 2316

SA 2316. Ms. WARREN submitted an amendment intended to be proposed to
amendment SA 2307 proposed by Mr. Thune (for Mr. Hagerty (for himself
and Mrs. Gillibrand)) to the bill S. 1582, to provide for the
regulation of payment stablecoins, and for other purposes; which was
ordered to lie on the table; as follows:

Beginning on page 2, strike line 21 and all that follows
through page 4, line 2, and insert the following:
(7) Digital asset service provider.--The term ``digital
asset service provider'' means a person that, for
compensation or profit, engages in the business in the United
States (including on behalf of customers or users in the
United States) of--
(A) exchanging digital assets for monetary value;
(B) exchanging digital assets for other digital assets;
(C) transferring digital assets to a third party;
(D) acting as a digital asset custodian; or
(E) participating in financial services relating to digital
asset issuance.
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