#DigitalAssetBill The #DigitalAssetBill refers to proposed legislation regarding digital assets, with variations in different countries. Here are some key developments:

UK's Property (Digital Assets etc) Bill

- Aims to clarify the legal status of digital assets like cryptocurrency and non-fungible tokens (NFTs) as personal property

- Introduced in the UK Parliament to provide greater legal protection for owners and companies

- Establishes a third category of personal property to accommodate digital assets, beyond traditional "things in possession" and "things in action"

- Currently in the House of Lords, with the third reading scheduled for May 8, 2025

Australia's Digital Assets (Market Regulation) Bill

- Proposed framework for digital asset exchanges, custody services, and stablecoin issuance

- Introduced in the Australian Senate to regulate digital assets and provide clarity for the industry

- Aims to implement recommendations from the Senate Select Committee on Australia as a Technology and Financial Centre

These bills aim to provide clarity and protection for digital asset holders, while also promoting innovation and growth in the industry ¹ ² ³.