#DigitalAssetBill #DigitalAssetBill
Digital Asset Bill The "Digital Asset Bill" aims to clarify the legal classification of digital assets, such as cryptocurrencies, recognizing them as a distinct form of personal property. This would provide greater legal certainty and protection for those who own and trade these assets. The legislation does not exhaustively define which digital assets fall into this new category, allowing the courts to develop this area of law on a case-by-case basis, enabling greater flexibility in response to technological evolution. It is expected to facilitate transactions and provide legal security in the realm of digital assets.
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