In recent weeks, the cryptocurrency community has been actively discussing the Digital Assets Bill, a bill that could change the rules of the game in the digital asset market. Its adoption has already sparked a wave of reactions from both cryptocurrency traders and large institutional players. #DigitalAssetBill

A New Round of Digital Asset Regulation

What Does the Digital Assets Bill Mean?

This bill aims to:

Determine the legal status of digital assets (including cryptocurrencies, tokens, and stablecoins);

Set standards for exchanges and wallet providers

Tighten measures to combat money laundering (AML) and terrorist financing (CFT)

Protect the rights of investors and consumers.

Key Points

Platform Registration? All trading platforms, custodial services, and wallets must obtain a license according to the new rules.

For all users, KYC (Knowledge Acquisition and Customs) must complete an identity verification process. Anonymous transactions outside the legal sphere will remain prohibited.

Taxes: Clear classification of digital assets will help with taxation—now each token will be related to a specific category: a commodity, a security, etc