#SaylorBTCPurchase Here’s a brief version of the Digital Asset Bill in simplified words:
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Digital Asset Bill – Key Points in Simple Words
1. Definition:
• A digital asset includes cryptocurrencies, tokens, and virtual digital assets like Bitcoin, Ethereum, NFTs, etc.
2. Ownership:
• People can legally own, transfer, and trade digital assets, but must follow government rules.
3. Taxation:
• Profits from trading or selling digital assets are taxable.