The Digital Asset Bill 2025 marks a significant step in regulating cryptocurrencies and blockchain-based assets in India. Recently updated, the bill introduces a licensing framework for crypto exchanges and mandates strict KYC and AML compliance. It classifies digital assets into utility tokens, security tokens, and virtual currencies, bringing clarity to taxation and legal use. Penalties for non-compliance have been increased, with clear guidelines for foreign investment and cross-border transactions. This bill aims to foster innovation while ensuring investor protection and financial stability. It represents India's evolving stance on embracing digital finance within a secure and regulated framework.