#DigitalAssetBill (Digital Asset Bill) often relates to the legal frameworks that countries or regions are developing to manage digital assets such as cryptocurrencies, tokens, NFTs, stablecoins, etc.

1. Main objectives of the bill

Create a clear legal framework for activities related to digital assets.

Protect investors from fraud and scams.

Control money laundering and terrorist financing through blockchain transactions.

Properly tax digital asset transactions.

2. Common contents of a Digital Asset Bill

Definition of digital assets: Classify crypto as securities, commodities, or means of payment.

Licensing requirements: Exchanges, storage wallets, or issuing organizations must register or be licensed.

Compliance with KYC/AML: Verify user identities and track cash flows.

Responsible managing organization: Typically the central bank, securities commission, or national financial authority.

3. Impact on the crypto market

Positive:

Build trust with traditional investors.

Open doors for major financial institutions to participate (ETF, investment funds...).

Reduce scams, rug pulls, and junk tokens.

Negative (short-term):

Increase compliance costs.

Tighten the freedoms of DeFi, DEX, non-custodial wallets.

May cause selling pressure if the laws are too strict.