$PI 🌍 Global Crypto Regulation – What’s Happening Worldwide (2024–early 2026)

🇺🇸 United States
Market structure laws (SEC vs CFTC clarity)
Stablecoin federal framework
Shift from enforcement → rulemaking
Strong focus on consumer protection & AML
🇪🇺 European Union
MiCA fully rolling out (licenses, stablecoins, disclosures)
DAC8 crypto tax reporting from Jan 2026
Passporting across EU states
🇬🇧 United Kingdom
Crypto treated like traditional finance
Market abuse rules (insider trading, manipulation)
OECD CARF tax reporting from Jan 2026
🇯🇵 Japan
Stablecoins only via licensed banks/trusts
Strong custody & exchange oversight
Pro-Web3 innovation stance
🇰🇷 South Korea
Harsh penalties for manipulation & insider trading
User asset protection laws
Full enforcement phase
🇭🇰 Hong Kong
Licensed exchanges only
Retail allowed on approved platforms
Separate stablecoin licensing law
🇸🇬 Singapore
Very strict AML & marketing rules
Stablecoin framework
Strong focus on tokenization & infrastructure
🇦🇪 UAE (Dubai / Abu Dhabi)
Dedicated crypto regulators (VARA, ADGM)
Clear licensing paths
Positioning as global crypto hub
🇨🇦 Canada
Exchanges treated like securities dealers
Custody & leverage restrictions
Strong investor protection focus
🇦🇺 Australia
Exchange licensing regime coming
Custody & AML tightening
Aligning with global standards
🇧🇷 Brazil
Crypto legal for payments & investment
Exchanges regulated
Stablecoins widely used
🇮🇳 India
Very high crypto taxes
No ban, but heavy friction
Exploring CBDC-first approach
🇨🇳 China
Trading & mining banned
Strong enforcement
Focus on digital yuan (CBDC)
🇷🇺 Russia
Mining formalization + penalties for illegal mining
Tight state control
Limited public access
🌍 Global (IMF / FATF / OECD)
AML + Travel Rule everywhere
OECD CARF = global crypto tax reporting
Pressure to regulate, not ignore crypto
🔑 One-line takeaway
Crypto is not being banned globally — it’s being absorbed into regulated finance.
Speculation is tolerated, utility and transparency are preferred.