#DigitalAssetBill
Let's understand it:
What’s it about? The digital asset bill sets rules for things like cryptocurrencies, NFTs, and other digital tokens.
Why now? These assets are growing fast, and governments want to make sure they're used safely and legally.
Who does it affect? Traders, investors, exchanges, and even regular folks who buy crypto or digital collectibles.
Main goals? Prevent scams, money laundering, and bring more transparency to digital transactions.
Tax part? Yep earnings from digital assets might be taxed, and you might need to report them.
Licenses and rules? Platforms may need licenses to operate legally and must follow strict compliance norms.
Consumer safety? Big focus protecting users from fraud and giving them legal recourse.