#DigitalAssetBill A clear and comprehensive definition and classification of digital assets form a foundational element of any Digital Asset Bill. This requires a legally robust taxonomy that clearly distinguishes between various types—such as cryptocurrencies, non-fungible tokens (NFTs), and other emerging digital forms representing value or rights. Establishing such precise categorization is essential for applying appropriate regulatory frameworks and providing legal certainty to individuals, businesses, and regulatory authorities navigating this rapidly evolving domain.