The new bill in El Salvador aims to create a tailored regulatory framework for cryptocurrency assets

ChainCatcher news, according to Decrypt, as the first country to recognize Bitcoin as legal tender, El Salvador is currently drafting a digital asset issuance law that will clearly regulate the transfer of digital asset ownership, seeking to promote the efficient development of the digital asset market and protect the interests of buyers.

The novelty of this law lies in its separation of crypto assets from other financial goods and products. Ana Ojeda Caracas, a lawyer specializing in crypto assets, pointed out that some of the most noteworthy features of the bill include: legal definitions of stablecoins and tokens; regulation of public offerings of digital assets; and tax exemptions in certain cases, etc. (source link)