{
 "dataset": "cryptobanking.news regulatory regimes",
 "url": "https://cryptobanking.news/regulation/",
 "generatedAt": "2026-10-24T19:51:18.866Z",
 "license": {
  "name": "CC BY 4.0",
  "url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Attribute “cryptobanking.news” with a link to https://cryptobanking.news. Quoted source text remains the property of its publishers."
 },
 "note": "Generated from verified data. status is derived from dated milestones (regime in force / rules take effect). about[] quotes are verbatim from the official source and re-checked before every deploy.",
 "regimes": [
  {
   "slug": "mica",
   "name": "MiCA",
   "officialName": "Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA)",
   "url": "https://cryptobanking.news/regulation/mica/",
   "jurisdiction": {
    "code": "EU",
    "name": "European Union / EEA",
    "url": "https://cryptobanking.news/jurisdictions/eu/"
   },
   "instrument": "EU regulation (directly applicable in all Member States)",
   "status": {
    "label": "In force",
    "date": "2024-06-30",
    "provisional": false,
    "evidence": {
     "id": "eu-mica-art-emt-titles-apply",
     "url": "https://www.fi.se/sv/betalningar/regler/kryptotillgangar/mica-forordningen/",
     "quote": "Avdelning III och IV som avser utgivning av e-pengatoken och tillgångsanknutna token blev tillämpbar från och med den 30 juni 2024."
    }
   },
   "about": [
    {
     "url": "https://www.eba.europa.eu/publications-and-media/press-releases/eba-identifies-priorities-review-mica",
     "publisher": "European Banking Authority",
     "quote": "Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (MiCA)"
    },
    {
     "url": "https://www.eba.europa.eu/publications-and-media/press-releases/eba-identifies-priorities-review-mica",
     "publisher": "European Banking Authority",
     "quote": "MiCA has established a comprehensive regulatory framework for crypto-asset activities in the European Union"
    }
   ],
   "milestones": [
    {
     "id": "eu-mica-art-emt-titles-apply",
     "date": "2024-06-30",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "MiCA Titles III and IV (asset-referenced tokens and e-money tokens) apply",
     "kind": "Regime in force",
     "authority": "Finansinspektionen (Sweden), MiCA overview",
     "url": "https://www.fi.se/sv/betalningar/regler/kryptotillgangar/mica-forordningen/",
     "quote": "Avdelning III och IV som avser utgivning av e-pengatoken och tillgångsanknutna token blev tillämpbar från och med den 30 juni 2024."
    },
    {
     "id": "eu-mica-applies-in-full",
     "date": "2024-12-30",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "MiCA applies in full, including the rules for crypto-asset service providers (CASPs)",
     "kind": "Regime in force",
     "authority": "Finansinspektionen (Sweden), MiCA overview",
     "url": "https://www.fi.se/sv/betalningar/regler/kryptotillgangar/mica-forordningen/",
     "quote": "Övriga avdelningar som bland annat avser leverantörer av kryptotillgångstjänster blev tillämpbar från och med den 30 december samma år."
    },
    {
     "id": "se-mica-casp-application-deadline",
     "date": "2025-09-30",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Firms operating before 30 Dec 2024 had to apply to Finansinspektionen for MiCA authorisation by this date to keep operating during the transition",
     "kind": "Application deadline",
     "authority": "Finansinspektionen",
     "url": "https://www.fi.se/sv/betalningar/regler/kryptotillgangar/mica-forordningen/",
     "quote": "får fortsätta att bedriva sådan verksamhet men måste ansöka om tillstånd senast den 30 september 2025."
    },
    {
     "id": "se-mica-transition-ends",
     "date": "2026-06-30",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "MiCA transitional period for crypto-asset service providers in Sweden expired",
     "kind": "Transition period ends",
     "authority": "Finansinspektionen",
     "url": "https://www.fi.se/sv/publicerat/nyheter/2026/kryptobolag-utan-tillstand-ska-avveckla-sin-verksamhet-i-eu/",
     "quote": "Den sista juni löpte tidsfristen ut för övergångsperioden av EU:s kryptoregelverk Mica."
    },
    {
     "id": "eu-mica-casp-transition-end",
     "date": "2026-07-01",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "MiCA CASP transitional (grandfathering) period ends EU-wide",
     "kind": "Transition ends",
     "authority": "ESMA (MiCA Interactive Single Rulebook)",
     "url": "https://www.esma.europa.eu/publications-and-data/interactive-single-rulebook/mica/article-143-transitional-measures",
     "quote": "may continue to do so until 1 July 2026 or until they are granted or refused an authorisation pursuant to Article 63, whichever is sooner"
    },
    {
     "id": "eu-usdc-dual-supervision",
     "date": "2026-11-12",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "USDC becomes subject to MiCA dual supervision as a significant EMT",
     "kind": "Supervision starts",
     "authority": "European Banking Authority",
     "url": "https://www.eba.europa.eu/publications-and-media/press-releases/eba-classifies-usdc-first-significant-e-money-token-european-union",
     "quote": "From 12 November 2026, USDC will be subject to the dual supervision foreseen by MiCA for significant EMTs."
    },
    {
     "id": "eu-mica-whitepapers-2027",
     "date": "2027-12-31",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Trading platforms must ensure white papers exist for crypto-assets admitted before 30 Dec 2024 (Art. 143(2)(b))",
     "kind": "Compliance deadline",
     "authority": "ESMA (MiCA Interactive Single Rulebook)",
     "url": "https://www.esma.europa.eu/publications-and-data/interactive-single-rulebook/mica/article-143-transitional-measures",
     "quote": "operators of trading platforms shall ensure by 31 December 2027 that a crypto-asset white paper"
    }
   ],
   "banks": [
    {
     "id": "deutsche-bank",
     "name": "Deutsche Bank",
     "url": "https://cryptobanking.news/banks/deutsche-bank/"
    },
    {
     "id": "bny",
     "name": "BNY",
     "url": "https://cryptobanking.news/banks/bny/"
    },
    {
     "id": "piraeus-bank",
     "name": "Piraeus Bank",
     "url": "https://cryptobanking.news/banks/piraeus-bank/"
    },
    {
     "id": "ing",
     "name": "ING",
     "url": "https://cryptobanking.news/banks/ing/"
    },
    {
     "id": "unicredit",
     "name": "UniCredit",
     "url": "https://cryptobanking.news/banks/unicredit/"
    },
    {
     "id": "bnp-paribas",
     "name": "BNP Paribas",
     "url": "https://cryptobanking.news/banks/bnp-paribas/"
    },
    {
     "id": "kbc",
     "name": "KBC",
     "url": "https://cryptobanking.news/banks/kbc/"
    },
    {
     "id": "danske-bank",
     "name": "Danske Bank",
     "url": "https://cryptobanking.news/banks/danske-bank/"
    },
    {
     "id": "dekabank",
     "name": "DekaBank",
     "url": "https://cryptobanking.news/banks/dekabank/"
    },
    {
     "id": "seb",
     "name": "SEB",
     "url": "https://cryptobanking.news/banks/seb/"
    },
    {
     "id": "raiffeisen-bank-international",
     "name": "Raiffeisen Bank International (RBI)",
     "url": "https://cryptobanking.news/banks/raiffeisen-bank-international/"
    },
    {
     "id": "banca-sella",
     "name": "Banca Sella",
     "url": "https://cryptobanking.news/banks/banca-sella/"
    },
    {
     "id": "bbva",
     "name": "BBVA",
     "url": "https://cryptobanking.news/banks/bbva/"
    },
    {
     "id": "caixabank",
     "name": "CaixaBank",
     "url": "https://cryptobanking.news/banks/caixabank/"
    },
    {
     "id": "dz-bank",
     "name": "DZ BANK",
     "url": "https://cryptobanking.news/banks/dz-bank/"
    },
    {
     "id": "erste-group",
     "name": "Erste Group",
     "url": "https://cryptobanking.news/banks/erste-group/"
    },
    {
     "id": "intesa-sanpaolo",
     "name": "Intesa Sanpaolo",
     "url": "https://cryptobanking.news/banks/intesa-sanpaolo/"
    },
    {
     "id": "nordea",
     "name": "Nordea",
     "url": "https://cryptobanking.news/banks/nordea/"
    },
    {
     "id": "swissquote-bank-europe",
     "name": "Swissquote Bank Europe",
     "url": "https://cryptobanking.news/banks/swissquote-bank-europe/"
    },
    {
     "id": "bank-frick",
     "name": "Bank Frick",
     "url": "https://cryptobanking.news/banks/bank-frick/"
    },
    {
     "id": "lgt-bank",
     "name": "LGT Bank",
     "url": "https://cryptobanking.news/banks/lgt-bank/"
    },
    {
     "id": "openbank",
     "name": "Openbank",
     "url": "https://cryptobanking.news/banks/openbank/"
    },
    {
     "id": "n26",
     "name": "N26",
     "url": "https://cryptobanking.news/banks/n26/"
    },
    {
     "id": "trade-republic",
     "name": "Trade Republic Bank",
     "url": "https://cryptobanking.news/banks/trade-republic/"
    },
    {
     "id": "commerzbank",
     "name": "Commerzbank",
     "url": "https://cryptobanking.news/banks/commerzbank/"
    }
   ],
   "initiatives": [
    "deutsche-bank-mica-art60",
    "bny-digital-asset-custody",
    "piraeus-bank-mica-art60",
    "qivalis-euro-stablecoin",
    "swissquote-mica-casp",
    "caixabank-mica-art60",
    "kbc-bolero-crypto",
    "dz-bank-mica-art60",
    "bank-frick-mica-art60",
    "lgt-bank-mica-art60",
    "openbank-crypto-trading",
    "openbank-mica-art60",
    "bbva-spain-crypto-retail",
    "n26-mica-art60",
    "trade-republic-mica-art60",
    "commerzbank-mica-art60",
    "commerzbank-crypto-custody-corporates"
   ],
   "items": [
    "https://cryptobanking.news/item/eba-usdc-significant-emt/",
    "https://cryptobanking.news/item/eba-mica-review-priorities/",
    "https://cryptobanking.news/item/cnb-mica-casp-licences-11-entities/",
    "https://cryptobanking.news/item/fi-mica-transition-ends-sweden/",
    "https://cryptobanking.news/item/swissquote-bank-europe-casp-licence/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "dora",
   "name": "DORA",
   "officialName": "Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (DORA)",
   "url": "https://cryptobanking.news/regulation/dora/",
   "jurisdiction": {
    "code": "EU",
    "name": "European Union / EEA",
    "url": "https://cryptobanking.news/jurisdictions/eu/"
   },
   "instrument": "EU regulation (directly applicable in all Member States)",
   "status": {
    "label": "In force",
    "date": "2025-01-17",
    "provisional": false,
    "evidence": {
     "id": "eu-dora-applies",
     "url": "https://eur-lex.europa.eu/eli/reg/2022/2554/oj/eng",
     "quote": "It shall apply from 17 January 2025."
    }
   },
   "about": [
    {
     "url": "https://www.eiopa.europa.eu/digital-operational-resilience-act-dora_en",
     "publisher": "European Insurance and Occupational Pensions Authority",
     "quote": "Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector"
    },
    {
     "url": "https://www.eba.europa.eu/activities/direct-supervision-and-oversight/digital-operational-resilience-act",
     "publisher": "European Banking Authority",
     "quote": "establishes a comprehensive framework on digital operational resilience for EU financial entities"
    }
   ],
   "milestones": [
    {
     "id": "eu-dora-applies",
     "date": "2025-01-17",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "DORA (Regulation (EU) 2022/2554) applies",
     "kind": "Regime in force",
     "authority": "EUR-Lex, Official Journal L 333",
     "url": "https://eur-lex.europa.eu/eli/reg/2022/2554/oj/eng",
     "quote": "It shall apply from 17 January 2025."
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [],
   "lastUpdated": "2026-10-22"
  },
  {
   "slug": "genius-act",
   "name": "GENIUS Act",
   "officialName": "Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act",
   "url": "https://cryptobanking.news/regulation/genius-act/",
   "jurisdiction": {
    "code": "US",
    "name": "United States",
    "url": "https://cryptobanking.news/jurisdictions/us/"
   },
   "instrument": "US federal statute, implemented by agency rules (OCC, Federal Reserve and others)",
   "status": {
    "label": "Scheduled to apply",
    "date": "2027-01-18",
    "provisional": false,
    "evidence": {
     "id": "us-genius-effective",
     "url": "https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-92.html",
     "quote": "The final rule and the GENIUS Act take effect on January 18, 2027."
    }
   },
   "about": [
    {
     "url": "https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-92.html",
     "publisher": "Office of the Comptroller of the Currency",
     "quote": "today announced a final rule to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act"
    },
    {
     "url": "https://www.federalreserve.gov/newsevents/pressreleases/bcreg20260924a.htm",
     "publisher": "Federal Reserve Board",
     "quote": "two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act"
    }
   ],
   "milestones": [
    {
     "id": "us-genius-effective",
     "date": "2027-01-18",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "GENIUS Act and OCC final implementing rule take effect",
     "kind": "Rules take effect",
     "authority": "Office of the Comptroller of the Currency",
     "url": "https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-92.html",
     "quote": "The final rule and the GENIUS Act take effect on January 18, 2027."
    },
    {
     "id": "us-fed-genius-comments",
     "date": null,
     "dateNote": "60 days after Federal Register publication",
     "dateStatus": "provisional",
     "title": "Comment period on Fed GENIUS Act proposals (reserve assets; capital and risk management)",
     "kind": "Comment deadline",
     "authority": "Federal Reserve Board",
     "url": "https://www.federalreserve.gov/newsevents/pressreleases/bcreg20260924a.htm",
     "quote": "The comment period will close 60 days after publication in the"
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [
    "https://cryptobanking.news/item/occ-final-rule-genius-act/",
    "https://cryptobanking.news/item/fed-genius-act-proposals/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "sec-crypto-custody",
   "name": "SEC crypto custody proposal",
   "officialName": "SEC proposed rules on crypto-asset custody for registered investment advisers and regulated funds",
   "url": "https://cryptobanking.news/regulation/sec-crypto-custody/",
   "jurisdiction": {
    "code": "US",
    "name": "United States",
    "url": "https://cryptobanking.news/jurisdictions/us/"
   },
   "instrument": "Proposed SEC rules and amendments (comment period open after Federal Register publication)",
   "status": {
    "label": "Proposal / consultation stage",
    "date": null,
    "provisional": false,
    "evidence": {
     "id": "us-sec-custody-comments",
     "url": "https://www.sec.gov/newsroom/press-releases/2026-100-sec-proposal-would-address-how-investment-advisers-funds-can-custody-crypto-assets-under-federal",
     "quote": "The public comment period will remain open for 60 days following the publication of the SEC’s proposing release in the Federal Register."
    }
   },
   "about": [
    {
     "url": "https://www.sec.gov/newsroom/press-releases/2026-100-sec-proposal-would-address-how-investment-advisers-funds-can-custody-crypto-assets-under-federal",
     "publisher": "U.S. Securities and Exchange Commission",
     "quote": "The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered investment advisers and regulated funds"
    }
   ],
   "milestones": [
    {
     "id": "us-sec-custody-comments",
     "date": null,
     "dateNote": "60 days after Federal Register publication",
     "dateStatus": "provisional",
     "title": "Comment period on SEC crypto custody proposal for advisers and funds",
     "kind": "Comment deadline",
     "authority": "U.S. Securities and Exchange Commission",
     "url": "https://www.sec.gov/newsroom/press-releases/2026-100-sec-proposal-would-address-how-investment-advisers-funds-can-custody-crypto-assets-under-federal",
     "quote": "The public comment period will remain open for 60 days following the publication of the SEC’s proposing release in the Federal Register."
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [
    "https://cryptobanking.news/item/sec-crypto-custody-proposal/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "cftc-crypto-markets",
   "name": "CFTC crypto markets rulemaking",
   "officialName": "CFTC advance notice of proposed rulemaking on crypto asset transactions and markets",
   "url": "https://cryptobanking.news/regulation/cftc-crypto-markets/",
   "jurisdiction": {
    "code": "US",
    "name": "United States",
    "url": "https://cryptobanking.news/jurisdictions/us/"
   },
   "instrument": "Advance notice of proposed rulemaking (ANPRM)",
   "status": {
    "label": "Proposal / consultation stage",
    "date": null,
    "provisional": false,
    "evidence": {
     "id": "us-cftc-anprm-comments",
     "url": "https://www.cftc.gov/PressRoom/PressReleases/9307-26",
     "quote": "received within 60 days of the ANPRM’s publication in the"
    }
   },
   "about": [
    {
     "url": "https://www.cftc.gov/PressRoom/PressReleases/9307-26",
     "publisher": "Commodity Futures Trading Commission",
     "quote": "The Commission’s announcement begins our process of new rulemakings grounded in the CEA’s purpose and President Trump’s directive to propose a federal crypto asset regulatory market structure using the CFTC’s existing statutory authorities."
    }
   ],
   "milestones": [
    {
     "id": "us-cftc-anprm-comments",
     "date": null,
     "dateNote": "60 days after Federal Register publication",
     "dateStatus": "provisional",
     "title": "Comment period on CFTC ANPRM (Regulation Crypto Asset Transactions / Markets)",
     "kind": "Comment deadline",
     "authority": "Commodity Futures Trading Commission",
     "url": "https://www.cftc.gov/PressRoom/PressReleases/9307-26",
     "quote": "received within 60 days of the ANPRM’s publication in the"
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [
    "https://cryptobanking.news/item/cftc-anprm-crypto-asset-markets/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "uk-crypto-regime",
   "name": "UK cryptoasset regime",
   "officialName": "UK regime for cryptoasset activities (FCA authorisation)",
   "url": "https://cryptobanking.news/regulation/uk-crypto-regime/",
   "jurisdiction": {
    "code": "UK",
    "name": "United Kingdom",
    "url": "https://cryptobanking.news/jurisdictions/uk/"
   },
   "instrument": "UK legislation and FCA rules; firms need FCA authorisation",
   "status": {
    "label": "Scheduled to apply",
    "date": "2027-10-25",
    "provisional": true,
    "evidence": {
     "id": "uk-regime-in-force",
     "url": "https://www.fca.org.uk/news/press-releases/fca-opens-gateway-regulated-crypto",
     "quote": "Firms that intend to continue operating in the UK should apply by 28 February 2027, ahead of the new regime coming into force on 25 October 2027."
    }
   },
   "about": [
    {
     "url": "https://www.fca.org.uk/news/press-releases/fca-opens-gateway-regulated-crypto",
     "publisher": "Financial Conduct Authority",
     "quote": "For the first time, crypto firms operating in the UK will be brought into full FCA regulation, with clear standards covering consumer protection, safeguarding, market integrity and financial resilience."
    }
   ],
   "milestones": [
    {
     "id": "uk-fca-apply-by",
     "date": "2027-02-28",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Firms that intend to continue operating in the UK should apply to the FCA by this date",
     "kind": "Application deadline",
     "authority": "Financial Conduct Authority",
     "url": "https://www.fca.org.uk/news/press-releases/fca-opens-gateway-regulated-crypto",
     "quote": "Firms that intend to continue operating in the UK should apply by 28 February 2027, ahead of the new regime coming into force on 25 October 2027."
    },
    {
     "id": "uk-regime-in-force",
     "date": "2027-10-25",
     "dateNote": "Date as stated by the FCA; commencement legislation not separately checked",
     "dateStatus": "provisional",
     "title": "New UK cryptoasset regime comes into force",
     "kind": "Regime in force",
     "authority": "Financial Conduct Authority",
     "url": "https://www.fca.org.uk/news/press-releases/fca-opens-gateway-regulated-crypto",
     "quote": "Firms that intend to continue operating in the UK should apply by 28 February 2027, ahead of the new regime coming into force on 25 October 2027."
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [
    "https://cryptobanking.news/item/fca-gateway-regulated-crypto/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "hk-stablecoins-ordinance",
   "name": "Hong Kong Stablecoins Ordinance",
   "officialName": "Stablecoins Ordinance (Cap. 656)",
   "url": "https://cryptobanking.news/regulation/hk-stablecoins-ordinance/",
   "jurisdiction": {
    "code": "HK",
    "name": "Hong Kong",
    "url": "https://cryptobanking.news/jurisdictions/hk/"
   },
   "instrument": "Hong Kong ordinance; HKMA licenses stablecoin issuers",
   "status": {
    "label": "In force",
    "date": "2025-08-01",
    "provisional": false,
    "evidence": {
     "id": "hk-stablecoins-ordinance",
     "url": "https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/07/20250729-4/",
     "quote": "which will come into effect on 1 August 2025"
    }
   },
   "about": [
    {
     "url": "https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/07/20250729-4/",
     "publisher": "Hong Kong Monetary Authority",
     "quote": "the implementation of the regulatory regime for stablecoin issuers, which will come into effect on 1 August 2025"
    },
    {
     "url": "https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/07/20250729-4/",
     "publisher": "Hong Kong Monetary Authority",
     "quote": "Register of Licensees under the Stablecoins Ordinance (Cap. 656)"
    }
   ],
   "milestones": [
    {
     "id": "hk-stablecoins-ordinance",
     "date": "2025-08-01",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Hong Kong regulatory regime for stablecoin issuers comes into effect",
     "kind": "Regime in force",
     "authority": "Hong Kong Monetary Authority",
     "url": "https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/07/20250729-4/",
     "quote": "which will come into effect on 1 August 2025"
    }
   ],
   "banks": [
    {
     "id": "hsbc",
     "name": "HSBC",
     "url": "https://cryptobanking.news/banks/hsbc/"
    }
   ],
   "initiatives": [
    "hsbc-hk-stablecoin"
   ],
   "items": [
    "https://cryptobanking.news/item/hsbc-redcoin-launch-payme/",
    "https://cryptobanking.news/item/hsbc-names-stablecoin-redcoin/",
    "https://cryptobanking.news/item/hkma-stablecoin-issuer-licences/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "mas-scs",
   "name": "MAS stablecoin framework",
   "officialName": "MAS single-currency stablecoin (MAS-SCS) framework (Payment Services Act 2019 amendments)",
   "url": "https://cryptobanking.news/regulation/mas-scs/",
   "jurisdiction": {
    "code": "SG",
    "name": "Singapore",
    "url": "https://cryptobanking.news/jurisdictions/sg/"
   },
   "instrument": "Framework to be implemented through amendments to the Payment Services Act 2019 (consulted on 1 Sep 2026)",
   "status": {
    "label": "Proposal / consultation stage",
    "date": null,
    "provisional": false,
    "evidence": {
     "id": "sg-mas-scs-consultation",
     "url": "https://www.mas.gov.sg/news/media-releases/2026/mas-consults-on-legislative-amendments-to-implement-stablecoin-regulatory-framework",
     "quote": "MAS invites interested parties to submit their comments by 16th October 2026"
    }
   },
   "about": [
    {
     "url": "https://www.mas.gov.sg/news/media-releases/2026/mas-consults-on-legislative-amendments-to-implement-stablecoin-regulatory-framework",
     "publisher": "Monetary Authority of Singapore",
     "quote": "The framework will apply to single-currency stablecoins (SCS) issued in Singapore that are pegged to the value of the Singapore dollar or any G10 currency."
    },
    {
     "url": "https://www.mas.gov.sg/news/media-releases/2026/mas-consults-on-legislative-amendments-to-implement-stablecoin-regulatory-framework",
     "publisher": "Monetary Authority of Singapore",
     "quote": "The amendments will set out how stablecoin issuers may qualify to be MAS-regulated, and the safeguards they must meet to support value stability and user protection."
    }
   ],
   "milestones": [
    {
     "id": "sg-mas-scs-consultation",
     "date": "2026-10-16",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "MAS consultation on Payment Services Act amendments for stablecoins closed",
     "kind": "Comment deadline",
     "authority": "Monetary Authority of Singapore",
     "url": "https://www.mas.gov.sg/news/media-releases/2026/mas-consults-on-legislative-amendments-to-implement-stablecoin-regulatory-framework",
     "quote": "MAS invites interested parties to submit their comments by 16th October 2026"
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [
    "https://cryptobanking.news/item/mas-stablecoin-legislation-consultation/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "bcb-584",
   "name": "Resolution BCB 584",
   "officialName": "Resolução BCB nº 584 (Banco Central do Brasil) — fraud prevention for virtual-asset transfers",
   "url": "https://cryptobanking.news/regulation/bcb-584/",
   "jurisdiction": {
    "code": "BR",
    "name": "Brazil",
    "url": "https://cryptobanking.news/jurisdictions/br/"
   },
   "instrument": "Banco Central do Brasil resolution",
   "status": {
    "label": "Scheduled to apply",
    "date": "2027-01-01",
    "provisional": false,
    "evidence": {
     "id": "br-bcb-584-effective",
     "url": "https://www.gov.br/fazenda/pt-br/composicao/orgaos/orgaos-colegiados/crsfn/acesso-a-informacao/noticias/2026/bc-reforca-combate-a-fraudes-com-novas-regras-para-transferencias-de-ativos-virtuais",
     "quote": "As novas regras entram em vigor em 1º de janeiro de 2027"
    }
   },
   "about": [
    {
     "url": "https://www.gov.br/fazenda/pt-br/composicao/orgaos/orgaos-colegiados/crsfn/acesso-a-informacao/noticias/2026/bc-reforca-combate-a-fraudes-com-novas-regras-para-transferencias-de-ativos-virtuais",
     "publisher": "Banco Central do Brasil (published by Ministério da Fazenda)",
     "lang": "pt",
     "quote": "O Banco Central (BC) aprovou um novo conjunto de medidas para fortalecer a prevenção de fraudes em operações com ativos virtuais no Brasil.",
     "translation": "The Central Bank (BC) approved a new set of measures to strengthen fraud prevention in virtual-asset operations in Brazil."
    }
   ],
   "milestones": [
    {
     "id": "br-bcb-584-effective",
     "date": "2027-01-01",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Brazil's 24-hour precautionary hold on large virtual-asset transfers abroad takes effect",
     "kind": "Rules take effect",
     "authority": "Banco Central do Brasil",
     "url": "https://www.gov.br/fazenda/pt-br/composicao/orgaos/orgaos-colegiados/crsfn/acesso-a-informacao/noticias/2026/bc-reforca-combate-a-fraudes-com-novas-regras-para-transferencias-de-ativos-virtuais",
     "quote": "As novas regras entram em vigor em 1º de janeiro de 2027"
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [
    "https://cryptobanking.news/item/bcb-resolution-584-virtual-asset-transfers/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "ca-stablecoin-act",
   "name": "Canada Stablecoin Act",
   "officialName": "Stablecoin Act (SCA), Canada, and the proposed Stablecoin Regulations",
   "url": "https://cryptobanking.news/regulation/ca-stablecoin-act/",
   "jurisdiction": {
    "code": "CA",
    "name": "Canada",
    "url": "https://cryptobanking.news/jurisdictions/ca/"
   },
   "instrument": "Federal statute (royal assent March 2026); implementing Stablecoin Regulations proposed in the Canada Gazette, Part I (24 Oct 2026)",
   "status": {
    "label": "Proposal / consultation stage",
    "date": null,
    "provisional": false,
    "evidence": {
     "id": "ca-stablecoin-regulations-comments",
     "url": "https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.html",
     "quote": "Interested persons may make representations concerning the proposed Regulations within 60 days after the date of publication of this notice."
    }
   },
   "about": [
    {
     "url": "https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.html",
     "publisher": "Canada Gazette, Part I (Department of Finance Canada)",
     "quote": "the government introduced the Stablecoin Act (the SCA), which received royal assent in March 2026."
    },
    {
     "url": "https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.html",
     "publisher": "Canada Gazette, Part I (Department of Finance Canada)",
     "quote": "The SCA introduces a framework for regulating the issuance of stablecoins in Canada that have interprovincial and international applications."
    },
    {
     "url": "https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.html",
     "publisher": "Canada Gazette, Part I (Department of Finance Canada)",
     "quote": "meaning it would not regulate banks; trust, loan or insurance companies; credit unions; or foreign financial institutions."
    }
   ],
   "milestones": [
    {
     "id": "ca-stablecoin-regulations-comments",
     "date": null,
     "dateNote": "60 days after Canada Gazette, Part I publication (24 Oct 2026)",
     "dateStatus": "provisional",
     "title": "Comment period on the proposed Stablecoin Regulations",
     "kind": "Comment deadline",
     "authority": "Department of Finance Canada",
     "url": "https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.html",
     "quote": "Interested persons may make representations concerning the proposed Regulations within 60 days after the date of publication of this notice."
    },
    {
     "id": "ca-stablecoin-act-in-force",
     "date": null,
     "dateNote": "Intended fall 2027 (date fixed by order of the Governor in Council)",
     "dateStatus": "provisional",
     "title": "Stablecoin Act and Stablecoin Regulations intended to come into force",
     "kind": "Rules take effect",
     "authority": "Department of Finance Canada / Bank of Canada",
     "url": "https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.html",
     "quote": "The intention is for the proposed Regulations to come into force in fall 2027."
    },
    {
     "id": "ca-stablecoin-existing-issuer-application",
     "date": null,
     "dateNote": "Within 30 days of the Stablecoin Act coming into force",
     "dateStatus": "provisional",
     "title": "Existing stablecoin issuers must apply to the Bank of Canada to benefit from transitional relief",
     "kind": "Application deadline",
     "authority": "Bank of Canada",
     "url": "https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.html",
     "quote": "so long as they file an application under the SCA within 30 days of the coming-into-force date of the SCA."
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [
    "https://cryptobanking.news/item/canada-proposed-stablecoin-regulations/"
   ],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "jp-payment-services-act-stablecoins",
   "name": "Japan Payment Services Act (stablecoins)",
   "officialName": "Act Partially Amending the Payment Services Act, etc. (2022) — electronic payment instruments (stablecoins)",
   "url": "https://cryptobanking.news/regulation/jp-payment-services-act-stablecoins/",
   "jurisdiction": {
    "code": "JP",
    "name": "Japan",
    "url": "https://cryptobanking.news/jurisdictions/jp/"
   },
   "instrument": "Japanese statute, enforced through cabinet orders and cabinet office orders",
   "status": {
    "label": "In force",
    "date": "2023-06-01",
    "provisional": false,
    "evidence": {
     "id": "jp-psa-stablecoin-framework-enforced",
     "url": "https://www.fsa.go.jp/en/newsletter/weekly2023/540.html",
     "quote": "The finalized cabinet orders, cabinet office orders, and others were enforced on June 1, 2023."
    }
   },
   "about": [
    {
     "url": "https://www.fsa.go.jp/en/newsletter/weekly2023/540.html",
     "publisher": "Financial Services Agency (Japan)",
     "quote": "mainly pertain to the enforcement of the \"Act Partially Amending the Payment Services Act, etc.\" to establish a stable and efficient payment services system, which was promulgated on June 10, 2022."
    }
   ],
   "milestones": [
    {
     "id": "jp-psa-stablecoin-framework-enforced",
     "date": "2023-06-01",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Cabinet orders enforcing the 2022 Payment Services Act amendments (stablecoin framework) take effect",
     "kind": "Regime in force",
     "authority": "Financial Services Agency (Japan)",
     "url": "https://www.fsa.go.jp/en/newsletter/weekly2023/540.html",
     "quote": "The finalized cabinet orders, cabinet office orders, and others were enforced on June 1, 2023."
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "ch-dlt-act",
   "name": "Swiss DLT Act",
   "officialName": "Federal Act on the Adaptation of Federal Law to Developments in Distributed Electronic Register Technology (DLT Act)",
   "url": "https://cryptobanking.news/regulation/ch-dlt-act/",
   "jurisdiction": {
    "code": "CH",
    "name": "Switzerland",
    "url": "https://cryptobanking.news/jurisdictions/ch/"
   },
   "instrument": "Swiss federal act",
   "status": {
    "label": "In force",
    "date": "2021-08-01",
    "provisional": false,
    "evidence": {
     "id": "ch-dlt-act-fully-in-force",
     "url": "https://www.sif.admin.ch/en/nsb?id=84035",
     "quote": "During its meeting on 18 June 2021, the Federal Council brought the Federal Act on the Adaptation of Federal Law to Developments in Distributed Electronic Register Technology fully into force as of 1 August 2021."
    }
   },
   "about": [
    {
     "url": "https://www.sif.admin.ch/en/nsb?id=84035",
     "publisher": "Swiss Federal Council (SIF)",
     "quote": "During its meeting on 18 June 2021, the Federal Council brought the Federal Act on the Adaptation of Federal Law to Developments in Distributed Electronic Register Technology fully into force as of 1 August 2021."
    }
   ],
   "milestones": [
    {
     "id": "ch-dlt-act-fully-in-force",
     "date": "2021-08-01",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Federal Act on the Adaptation of Federal Law to Developments in Distributed Electronic Register Technology fully in force",
     "kind": "Regime in force",
     "authority": "Swiss Federal Council (SIF)",
     "url": "https://www.sif.admin.ch/en/nsb?id=84035",
     "quote": "During its meeting on 18 June 2021, the Federal Council brought the Federal Act on the Adaptation of Federal Law to Developments in Distributed Electronic Register Technology fully into force as of 1 August 2021."
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "th-digital-asset-decree",
   "name": "Thailand Digital Asset Decree",
   "officialName": "Emergency Decree on Digital Asset Businesses B.E. 2561 (2018)",
   "url": "https://cryptobanking.news/regulation/th-digital-asset-decree/",
   "jurisdiction": {
    "code": "TH",
    "name": "Thailand",
    "url": "https://cryptobanking.news/jurisdictions/th/"
   },
   "instrument": "Thai emergency decree; supervised by the Securities and Exchange Commission, Thailand",
   "status": {
    "label": "In force",
    "date": "2018-05-14",
    "provisional": false,
    "evidence": {
     "id": "th-digital-asset-decree-in-force",
     "url": "https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=7038",
     "quote": "which has come into force on 14 May 2018, is to regulate and supervise offering of digital tokens and undertaking of digital asset businesses, including exchange, brokerage and dealing."
    }
   },
   "about": [
    {
     "url": "https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=7038",
     "publisher": "Securities and Exchange Commission, Thailand",
     "quote": "which has come into force on 14 May 2018, is to regulate and supervise offering of digital tokens and undertaking of digital asset businesses, including exchange, brokerage and dealing."
    }
   ],
   "milestones": [
    {
     "id": "th-digital-asset-decree-in-force",
     "date": "2018-05-14",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Thailand's digital asset business law (token offerings, exchanges, brokers, dealers) in force",
     "kind": "Regime in force",
     "authority": "Securities and Exchange Commission, Thailand",
     "url": "https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=7038",
     "quote": "which has come into force on 14 May 2018, is to regulate and supervise offering of digital tokens and undertaking of digital asset businesses, including exchange, brokerage and dealing."
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [],
   "lastUpdated": "2026-10-24"
  },
  {
   "slug": "za-fais-crypto-assets",
   "name": "South Africa FAIS crypto declaration",
   "officialName": "Declaration of crypto assets as a financial product under the FAIS Act",
   "url": "https://cryptobanking.news/regulation/za-fais-crypto-assets/",
   "jurisdiction": {
    "code": "ZA",
    "name": "South Africa",
    "url": "https://cryptobanking.news/jurisdictions/za/"
   },
   "instrument": "Declaration under the Financial Advisory and Intermediary Services (FAIS) Act; FSCA licensing",
   "status": {
    "label": "In force",
    "date": "2022-10-19",
    "provisional": false,
    "evidence": {
     "id": "za-crypto-financial-product-declaration",
     "url": "https://www2.fsca.co.za/News%20Documents/FSCA%20Press%20Release_Declaration%20of%20Crypto%20Assets%20As%20A%20Financial%20Product_20%20October%202022.pdf",
     "quote": "The Financial Sector Conduct Authority (FSCA) has published the declaration of crypto assets as a financial product under the FAIS Act, which was gazetted on 19 October 2022."
    }
   },
   "about": [
    {
     "url": "https://www2.fsca.co.za/News%20Documents/FSCA%20Press%20Release_Declaration%20of%20Crypto%20Assets%20As%20A%20Financial%20Product_20%20October%202022.pdf",
     "publisher": "Financial Sector Conduct Authority",
     "quote": "The Financial Sector Conduct Authority (FSCA) has published the declaration of crypto assets as a financial product under the FAIS Act, which was gazetted on 19 October 2022."
    }
   ],
   "milestones": [
    {
     "id": "za-crypto-financial-product-declaration",
     "date": "2022-10-19",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "Crypto assets declared a financial product under the FAIS Act (gazetted)",
     "kind": "Regime in force",
     "authority": "Financial Sector Conduct Authority",
     "url": "https://www2.fsca.co.za/News%20Documents/FSCA%20Press%20Release_Declaration%20of%20Crypto%20Assets%20As%20A%20Financial%20Product_20%20October%202022.pdf",
     "quote": "The Financial Sector Conduct Authority (FSCA) has published the declaration of crypto assets as a financial product under the FAIS Act, which was gazetted on 19 October 2022."
    },
    {
     "id": "za-casp-licence-application-window-closes",
     "date": "2023-11-30",
     "dateNote": null,
     "dateStatus": "operative",
     "title": "End of the period in which existing crypto asset providers had to apply for a FAIS licence to rely on the transitional exemption",
     "kind": "Application deadline",
     "authority": "Financial Sector Conduct Authority",
     "url": "https://www2.fsca.co.za/News%20Documents/FSCA%20Press%20Release_Declaration%20of%20Crypto%20Assets%20As%20A%20Financial%20Product_20%20October%202022.pdf",
     "quote": "The stipulated period is 1 June 2023 until 30 November 2023."
    }
   ],
   "banks": [],
   "initiatives": [],
   "items": [],
   "lastUpdated": "2026-10-24"
  }
 ]
}