#DigitalAssetBill ! The Digital Asset Bill is proposed legislation aimed at regulating digital assets like cryptocurrencies and NFTs. Its goals include enhancing investor protection, reducing fraud and providing guidelines for taxation. The bill defines digital assets, establishes regulatory frameworks for transactions and trading, and distinguishes between securities and commodities. Currently, countries like the UK and Australia are working on similar bills to clarify digital asset regulations. In the US, House Republicans plan to release a draft bill on crypto regulation ahead of a key hearing on May 6 to define the country's handling of crypto markets and digital asset oversight ¹.