#DigitalAssetBill

1. Definition of Digital Assets: The bill defines digital assets as cryptocurrencies, NFTs (non-fungible tokens), and other blockchain-based tokens.

2. Legal Framework: It provides a legal framework for the ownership, transfer, and taxation of digital assets.

3. Regulatory Authority: A specific authority or government body is designated to regulate and monitor digital asset transactions.

4. Licensing Requirements: Exchanges, wallet providers, and other crypto businesses may need to obtain licenses to operate legally.

5. Anti-Money Laundering (AML) Compliance: The bill includes provisions to ensure KYC (Know Your Customer) and AML procedures are followed in digital asset transactions.