#DigitalAssetBill
The Digital Asset Bill refers to proposed legislation aimed at regulating cryptocurrencies and blockchain-based assets.
Governments worldwide are introducing such bills to establish legal frameworks for digital currencies, addressing issues like investor protection, anti-money laundering (AML), and market stability.
For example, the U.S. has debated the Digital Asset Market Structure (DAMS) Bill, which seeks to clarify crypto classifications and oversight between the SEC and CFTC. Similarly, the EU’s Markets in Crypto-Assets (MiCA) regulation sets comprehensive rules for crypto service providers.
These bills aim to foster innovation while mitigating risks, ensuring a balanced approach to the growing digital economy.