The Digital Asset Bill is a proposed legislative framework that aims to regulate digital assets, including cryptocurrencies, NFTs, and blockchain-based tokens. Its primary purpose is to ensure transparency, security, and consumer protection within the digital economy. The bill outlines definitions of digital assets, registration requirements for issuers, anti-money laundering compliance, and investor safeguards. It also seeks to empower regulatory bodies to monitor and enforce fair practices, combat fraud, and foster innovation responsibly. By establishing clear rules and accountability, the bill aspires to build trust in digital asset markets, promote financial inclusion, and integrate digital finance into the broader economic system.
