The #DigitalAssetBill's passage is a pivotal moment for India's crypto future. While aiming to regulate and legitimize the space, concerns remain about its potential impact on innovation. Clarity on taxation, KYC/AML compliance, and the definition of "cryptocurrency" are crucial for fostering a thriving yet responsible digital asset ecosystem. The devil, as always, is in the details. Will this bill nurture growth or stifle it? Only time and implementation will tell. Open dialogue and continuous refinement are key to navigating this complex landscape effectively.
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