Digital Asset Bill: A Step Towards Regulatory Clarity
The proposed Digital Asset Bill aims to provide a clear regulatory framework for digital assets, including cryptocurrencies and tokens. Key aspects:
- Defines digital assets and their classification
- Establishes rules for issuance, trading, and custody
- Provides clarity on taxation and compliance
- Aims to protect investors and promote innovation
The bill's passage could bring much-needed clarity and stability to the digital asset market, fostering growth and adoption.