#DigitalAssetBill The Digital Asset Bill is proposed legislation aimed at regulating digital assets like cryptocurrencies and NFTs. Here's what you need to know ¹:
- *Key Provisions*:
- *Definition and Classification*: Clear definitions and classifications of digital assets to provide regulatory certainty.
- *Regulatory Framework*: Establishing a regulatory framework for digital asset transactions, custody, and trading.
- *Consumer Protection*: Measures to protect consumers from risks associated with digital assets, such as fraud and scams.
- *Innovation and Growth*: Fostering innovation and growth in the digital asset industry while ensuring regulatory compliance.
- *Status*: A draft bill is expected to be released by House Republicans before May 6, ahead of a key hearing.