#DigitalAssetBill **Summary Table**

| **Aspect** | **Key Requirements** |

|---------------------------|-----------------------------------------------|

| **Classification** | Security, commodity, or payment system. |

| **Licensing** | Mandatory for exchanges, custodians. |

| **Stablecoins** | Full backing, audits, and transparency. |

| **Taxation** | Capital gains reporting. |

| **Consumer Protection** | Fraud prevention, disclosure of risks. |

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### **Takeaways**

- Digital asset bills aim to balance **innovation** with **risk mitigation**.

- Compliance costs may disproportionately impact small players.

- Stay updated on jurisdiction-specific rules (e.g., [MiCA in the EU](https://finance.ec.europa.eu/publications/regulation-markets-crypto-assets-mica_en)).