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The bill, “On Digital Financial Assets,” which has been under consideration since last year with a final deadline due July 1, deals with cryptocurrencies, as well as blockchain-related technologies such as smart contracts, mining, and Initial Coin Offerings (ICOs).

“These specifications determine that both cryptocurrency and tokens constitute property, identifying key differences between cryptocurrency and tokens on the basis that there is a single issuer (for tokens) or a variety of issuers/ miners (for cryptocurrency), as well as emission goals,” the official news release about the bill reads, continuing:

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