#DigitalAssetBill

The world is witnessing a significant shift towards the digital economy, which necessitates the establishment of legal frameworks to regulate the handling of digital assets such as cryptocurrencies and non-fungible tokens (NFTs).

From this perspective, the idea of regulating digital assets in a law aimed at clarifying the rights and obligations associated with these assets emerged, working to protect investors and combat illegal activities such as money laundering and fraud, which is considered a necessary step to keep pace with the digital future with safety and clarity.

It is noted that the effective implementation of this law will enhance investor confidence and attract investments while maintaining financial stability, especially when it includes defining the responsible regulatory authorities and establishing disclosure and transparency standards, and may also open the door to adopting blockchain technologies in government and financial sectors.

#IBN_HOSIN