Monthly report

State of Crypto Banking — November 2026

Month to date, data as of 2 November 2026. Generated automatically from verified items, the bank tracker, the deadline radar and DefiLlama data. Every number below is a count or figure from those sources; there are no forecasts.

verified items this month: 1
from regulators / central banks: 1
tracker status moves: 0
dated deadlines in next 90 days: 8

Key figures

1 verified items were published in November 2026: 1 Tier 1 (regulators, central banks, standard setters), 0 Tier 2 (banks, FMIs, networks), 0 Tier 3.
By jurisdiction: HK 1.
The bank tracker holds 113 initiatives: 60 live (within stated scope), 15 with a regulator authorisation, 14 MiCA Art. 60 notifications, 18 at pilot stage.
7 initiatives were first recorded in our tracker this month (the structured tracker started on 22 Oct 2026).
Total USD-pegged stablecoin supply was $298bn on 2026-11-02 (-3.0% vs 2026-10-03), per DefiLlama.

Status moves

No dated status moves this month.

Regulatory and central-bank actions

2 Nov 2026T1RegulatorAPAC
HKMA advances Ensemble TX to 24/7 real-value tokenised transactions and will soon add regulated stablecoins to its trials
“Accelerating 24/7 settlement of tokenised transactions under Project Ensemble – The HKMA has advanced Ensemble TX to a new stage, enabling 24/7 real-value transactions.”
Hong Kong Monetary Authority (opens source in new tab)

Bank and market adoption

None this month.

Deadlines ahead

Dated deadlines between 2026-11-02 and 90 days later, quoted from official texts.

6 Nov 2026 · Resolution BCB 520 (as amended by Resolution BCB 589) (LatAm) — Brazilian banks and payment institutions barred from virtual-asset operations with unauthorised providers source (opens source in new tab)
11 Nov 2026 · Korea tokenized securities (FSCMA / Electronic Registration Act) (APAC) — Comment period on FSC subordinate-rule revisions for tokenized securities closes source (opens source in new tab)
12 Nov 2026 · MiCA (EU) — USDC becomes subject to MiCA dual supervision as a significant EMT source (opens source in new tab)
17 Nov 2026 · THB stablecoin framework (proposed) (APAC) — Bank of Thailand public hearing on THB stablecoin regulatory principles closes source (opens source in new tab)
3 Dec 2026 · Korea Foreign Exchange Transactions Act (cross-border virtual asset transfers) (APAC) — Amended FX Transactions Act and decree rules on cross-border virtual asset transfer monitoring take effect source (opens source in new tab)
1 Jan 2027 · Resolution BCB 520 (as amended by Resolution BCB 589) (LatAm) — Brazil virtual-asset providers' client balance, custody and proof-of-reserves reporting provisions take effect source (opens source in new tab)
1 Jan 2027 · Resolution BCB 584 (LatAm) — Brazil's 24-hour precautionary hold on large virtual-asset transfers abroad takes effect source (opens source in new tab)
18 Jan 2027 · GENIUS Act (US) — GENIUS Act and OCC final implementing rule take effect source (opens source in new tab)

Dates that fell this month: 6 Nov 2026 Brazilian banks and payment institutions barred from virtual-asset operations with unauthorised providers; 11 Nov 2026 Comment period on FSC subordinate-rule revisions for tokenized securities closes; 12 Nov 2026 USDC becomes subject to MiCA dual supervision as a significant EMT; 17 Nov 2026 Bank of Thailand public hearing on THB stablecoin regulatory principles closes.

Scorecard leaders

Readiness scores from verified statuses only; see the methodology.

Activity by jurisdiction

Hong Kong 1

Method and sources

All items quote their primary source verbatim (string-matched before publication). Tracker statuses cite dated evidence. Metrics: DefiLlama Stablecoins API, fetched 2026-11-02 07:15 UTC. Methodology · Corrections · Data CC BY 4.0, cite “cryptobanking.news”.

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The monthly report is built from the same verified data the weekly brief covers as it happens.