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#DigitalAssetBill The **Digital Asset Bill** refers to proposed or enacted legislation that aims to regulate digital assets such as **cryptocurrencies**, **stablecoins**, **NFTs**, and **tokenized assets**. Its scope and contents vary by country, but generally, such a bill tries to define, classify, and regulate the use of digital assets within a legal framework. ### Key Features Often Included in a Digital Asset Bill: 1. **Definition and Classification:** - Clearly defines what constitutes a *digital asset*. - Differentiates between *payment tokens* (like Bitcoin), *utility tokens* (like those used in dApps), and *security tokens* (treated like traditional financial securities). 2. **Regulatory Oversight:** - Designates regulatory bodies (e.g., SEC in the U.S., RBI/SEBI in India) responsible for monitoring digital assets. - Introduces licensing requirements for exchanges, wallet providers, and custodians. 3. **Taxation Rules:** - Specifies how gains from digital assets are to be taxed (e.g., capital gains, TDS). - Requires disclosures in income tax returns. 4. **AML/KYC Compliance:** - Mandates *Know Your Customer (KYC)* and *Anti-Money Laundering (AML)* procedures for all transactions and platforms. 5. **Consumer Protection:** - Introduces mechanisms to protect investors from fraud, scams, or hacking incidents. 6. **Cross-border Transactions:** - May restrict or govern international transfers of digital assets to manage foreign exchange risks. ### Example: India’s Context (as of 2024-25) India has proposed but not yet passed a comprehensive **Digital Asset Bill**. However: - Crypto income is taxed at **30%** with **1% TDS**. - RBI has launched the **e₹ (Digital Rupee)** as a regulated central bank digital currency (CBDC). - Draft proposals aim to ban the use of crypto for payments but allow it as an investment asset. ### Why It Matters: A Digital Asset Bill is crucial for: - **Legal certainty** - **Fraud prevention** - **Promoting innovation**

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#StablecoinPayments Paying with stablecoins is similar to sending cryptocurrency, but with the added benefit of price stability (usually pegged to USD). Here's a step-by-step guide: --- ### **1. Choose a Stablecoin** Common options: - **USDT (Tether)** - **USDC (USD Coin)** - **DAI** (decentralized stablecoin) - **FDUSD**, **TUSD**, or **BUSD** (Binance-backed) --- ### **2. Set Up a Wallet** You’ll need a crypto wallet (if you don’t already have one): - **Custodial wallets** (easier): Binance, Coinbase, KuCoin - **Non-custodial wallets** (more control): MetaMask, Trust Wallet, Rabby Make sure the wallet supports the stablecoin and the network (e.g., Ethereum, BNB Chain, Polygon, etc.). --- ### **3. Buy or Receive Stablecoins** - Buy from an exchange like Binance, CoinDCX, or WazirX. - Or receive stablecoins from someone else (like a client or peer). --- ### **4. Get the Receiver’s Wallet Address** - Ask for their address **and** preferred **network** (e.g., USDT on Tron = TRC20, or USDT on Ethereum = ERC20). - Triple-check the address — wrong entries are irreversible. --- ### **5. Send the Payment** - Go to your wallet’s **Send/Transfer** section. - Enter: - Receiver’s address - Amount - Correct network - Confirm and authorize the transaction (may need 2FA or biometrics). - Pay a **small network fee** (varies by blockchain). --- ### **6. Confirm Delivery** - Most stablecoin transactions take seconds to a few minutes. - You and the receiver can track it via a blockchain explorer (like Etherscan, Tronscan).

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#Trump100Days Here’s a concise bullet-point summary of Donald Trump’s first 100 days in his second term: Governance & Executive Power Signed 140+ executive orders (record-high). Laid off thousands of federal workers, especially in DEI-related roles. Elon Musk led government efficiency efforts. Immigration Border wall construction resumed; 95% drop in illegal crossings reported. Ended “catch and release” policy. Tried to end birthright citizenship (facing legal challenges). Used Alien Enemies Act to fast-track deportations. Economy & Trade Imposed heavy tariffs, raising U.S. effective rate to 27%. Claimed 345,000 new jobs created (mainly in manufacturing and construction). Cut 15,000 federal jobs. Social & Cultural Policy Eliminated all federal DEI programs. Banned transgender people from military and women’s sports. Abolished Department of Education. Cut funding to universities promoting “ideological” content. Foreign Policy Proposed controversial ideas like U.S. control of Gaza. Strained ties with allies (e.g., Canada, China). No resolution on Ukraine conflict despite promises. Public Reaction Approval ratings dropped, especially due to economic disruptions. Democrats criticized for lack of strong counter-strategy.

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