#DigitalAssetBill

Digital Asset Bill: Regulatory Framework

The Digital Asset Bill aims to regulate digital assets, including cryptocurrencies and stablecoins. Key aspects include:

Objectives:

1. *Clear Guidelines*: Establish rules for issuance, trading, taxation, and consumer protection.

2. *Prevent Illicit Activities*: Combat fraud and money laundering.

Key Provisions:

1. *Licensing Requirements*: Exchanges may need licenses to operate.

2. *Disclosure Norms*: Issuers may be required to disclose information.

3. *Regulatory Oversight*: Financial regulators will monitor compliance.

Global Context:

Countries are developing regulations to integrate digital assets into mainstream finance while ensuring market stability and investor safety.