#DigitalAssetBill

The Digital Asset Bill is legislation aimed at regulating the use and trading of digital assets such as cryptocurrencies (Bitcoin, Ethereum), non-fungible tokens (NFTs), and other digital assets. This law defines the legal and tax framework to protect investors and prevent illegal activities such as money laundering and fraud.

Key Provisions of the Digital Asset Law:

1. Definition of Digital Assets:

- Defining what is considered a digital asset (cryptocurrencies, tokens, NFTs, etc.).

- Distinguishing between digital assets and traditional securities.

2. Licensing and Oversight:

- Requiring licensing for digital asset service providers (trading platforms, digital wallets).

- Supervision by regulatory bodies (such as central banks or securities authorities).

3. Investor Protection:

- Requiring transparency in providing information to investors.

- Establishing controls for advertising digital assets to avoid deception.

4. Compliance with Anti-Money Laundering (AML):

- Requiring the implementation of "Know Your Customer" (KYC) policies on platforms.

- Reporting suspicious transactions.

5. Taxation:

- Defining how to tax gains from digital assets.

- Treating digital assets as taxable assets (capital gains, income tax).

6. Cybersecurity:

- Requiring security standards to protect users from hacking and fraud.