#DigitalAssetBill
Usually refers to regulations aimed at governing digital assets such as cryptocurrencies, tokens, non-fungible tokens, and other blockchain-based instruments. These laws typically address the following:
Legal definitions of digital assets
Regulatory oversight (such as the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC))
Consumer protection
Anti-money laundering (AML) and compliance with the "Know Your Customer" (KYC) principle
Tax and reporting requirements
The details of the laws vary by country. For example:
In the United States, several proposals have been put forward, such as the Financial Innovation and Technology for the 21st Century Act (FIT21).
Other countries, such as the European Union, have issued frameworks like the Markets in Crypto-Assets Regulation (MiCA).