#DigitalAssetBill
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🚨THIS IS A MUST KNOW
➡️On April 29, UK Chancellor Rachel Reeves announced a draft regulation halving crypto tax to 1.5% and enhancing oversight of digital assets. This aligns UK policy closer to the U.S. model and supports safe fintech innovation. The rules mandate transparency and consumer protection for firms serving UK clients.
↪️ The 2023 FSMA laid the groundwork, including promotion regulations and treating digital assets like traditional property. A new bill now aims to legally classify digital assets as personal property. Meanwhile, U.S. states like North Carolina are pushing crypto legislation, with HB92 enabling state investments and pension allocations in digital assets. Similar bills are active in Texas, Arizona, and New Hampshire, signaling broader momentum for integrating crypto into state economies.
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