SB 433
Senate·20th Congress·Filed Jul 10, 2025
Digital Assets Act
An Act Recognizing Digital Assets, Requiring the Registration of Digital Asset Enterprises, Their Operators, and for Other Purposes
In plain language
The Digital Assets Act would formally recognize digital assets, set the BSP in charge of e‑money and the SEC in charge of virtual assets, and require companies that issue e‑money, sell tokens or run virtual‑asset businesses to obtain a government license and follow rules on security, anti‑money‑laundering and consumer protection.
Social Welfare
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Senator
Subjects
Digital Asset
Official sources
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SBN-433 · Sources: BetterGov Open Congress, BatasWatch