#DigitalAssetBill The Digital Asset Bill is proposed legislation aimed at regulating and clarifying the legal status of digital assets, including cryptocurrencies and non-fungible tokens (NFTs). The bill's goals include¹:

- *Definition and Classification*: Establishing clear definitions and classifications of digital assets to provide regulatory certainty.

- *Regulatory Framework*: Creating a framework for digital asset transactions, custody, and trading.

- *Consumer Protection*: Protecting consumers from risks associated with digital assets, such as fraud and scams.

- *Innovation and Growth*: Fostering innovation and growth in the digital asset industry while ensuring regulatory compliance.

Some countries, like the UK and Australia, have introduced their own versions of the Digital Asset Bill, with the UK's Property (Digital Assets etc) Bill recognizing digital assets as personal property. In the US, House Republicans are set to release a draft bill on crypto regulation ahead of a key hearing on May 6.