OCC issued its final rule for payment stablecoin issuers on 21 Oct: reserves at least equal to issuance, redemption within two business days, 10% surge notice. Act and rule take effect 18 Jan 2027.Our story →Official text
Passed
Last change
United States
SEC Regulation Crypto Assets
Broad rulemaking on how crypto assets fit existing securities rules. Public comment period closed 20 Oct 2026; final rule timing not set.Official text
Proposed
Last change
United Kingdom
FCA cryptoasset regulatory regime
Application window open. Firms must apply by 28 Feb 2027; existing MLR registrations do not carry over. The regime takes effect 25 Oct 2027.Our story →Official text
Passed
Last change
United States
CLARITY Act (Digital Asset Market Clarity Act)
Senate motion to proceed failed 49 to 50 in September over ethics provisions on officials' crypto holdings. Motion to reconsider filed; no floor time expected before the midterms.Our story →Official text
Stalled
Last change
South Korea
Digital Asset Basic Act (won stablecoin bill)
FSC and Bank of Korea split on whether banks must hold at least half of any stablecoin issuer. September introduction missed. FSC separately opens tokenized securities to institutions from Feb 2027.Official text
Stalled
Last change
European Union
MiCA review
Commission consultation closed 30 Sep. ECB, national central banks and ESMA called for tighter stablecoin reserve rules, supervision moved to ESMA, and staking and lending rules. Report due mid-2027.Our story →Official text
Proposed
Last change
United States
SEC tokenized stock trading exemption
Two five-year conditional exemptions allow permissioned on-chain trading of tokenized US-listed stocks with symbol and volume caps. Full shareholder rights required; synthetic exposure excluded.Official text
In force
Last change
Hong Kong
Digital asset licensing and stablecoin trading (2026 Policy Address)
Policy Address set out a new digital asset licensing regime, regulated stablecoins on licensed platforms and tokenised gold and other RWAs. HKMA targets 24/7 on-chain CMU settlement by end-2026.Official text
Crypto Inheritance: How to Pass On Your Crypto Safely
Crypto inheritance decides whether your heirs can legally claim your coins and actually reach them. Compare four routes, build the plan step by step and see how US heirs are taxed.