MD SB759

Prohibits state and local government agencies from restricting individuals' ability to accept digital assets as payment, use self-hosted or hardware wallets, operate blockchain nodes, develop blockchain software, transfer digital assets, or participate in staking

Exempts digital asset staking-as-a-service from Maryland Securities Act registration and filing requirements, clarifying it does not constitute an investment contract or security

Defines key terms including "digital asset" (cryptocurrency, stablecoins, fungible and nonfungible tokens), "blockchain," "staking," and "self-hosted wallet"

Preserves the Commissioner's authority under the Maryland Money Transmission Act and the Attorney General's consumer protection enforcement powers

Takes effect June 1, 2026, with the securities exemption provision intended as a clarification of existing law