What we think

I. Executive Summary This week’s developments signal an evolution in the regulatory environment, shifting from theoretical risk to tangible enforcement actions and notable strategic divergence among key jurisdictions. For Crypto Asset Service Providers (CASPs), the global landscape now presents three primary areas of focus that merit careful consideration for our operational, product, and legal strategies. Enforcement and AML/CTF Scrutiny.  The €21.46 million fine imposed by

Executive Summary 2026 marks a pivotal year for EU Crypto-Asset Service Providers (CASPs), marking the culmination of a multi-year effort to establish comprehensive regulation for digital assets. The transitional “grandfathering” period under MiCA, as per Article 143(3), ends on July 1, 2026, removing legacy buffers and implementing a uniform licensing and conduct system across the Union. Meanwhile, the Digital Operational Resilience Act (DORA), which has been effective since

Executive Summary 2025 marks a pivotal shift for digital assets and financial markets, moving from regulatory development to strict...

Executive Summary August 2025 witnessed a continuation of key regulatory and supervisory initiatives across major financial...

Executive Summary The United Kingdom is executing a phased and comprehensive strategy to integrate digital assets into its established...

Executive Summary June 2025 marked a period of significant progress in establishing detailed regulatory frameworks for digital assets...

Global efforts to establish clear regulatory frameworks for digital assets gained significant momentum in May, with a concentrated focus...

March 2025 witnessed significant regulatory advancements in the global financial sector, particularly concerning digital finance. Key...

There was significant regulatory activity in December 2024. Globally, on establishing comprehensive frameworks for digital assets,...

Executive Summary: Global Digital Asset Regulatory Developments - November 2024 November 2024 witnessed significant regulatory progress...

The FCA Crypto Roadmap outlines the planned policy publications and timelines for regulating crypto assets in the UK. It sets out a...

The European Banking Authority (EBA) has released its work program for 2025, signalling a significant shift in the regulatory landscape...

MiFID, implemented in 2007, revolutionised European capital markets by increasing competition, transparency, and investor protection....

The digital landscape underwent significant changes in 2024 as regulators worldwide tightened their control over the industry. Every...

The cryptocurrency industry has closely watched the SEC's lawsuit against Ripple Labs. The recent ruling marks a pivotal moment with...

July 2024 marked a significant month for international reports addressing the evolving landscape of digital markets and assets. These...

The financial landscape is rapidly transforming, driven by technological advancements and evolving market dynamics. In July 2024, several...

The European Securities and Markets Authority (ESMA) has released a series of Q&A updates regarding the Markets in Crypto-Assets (MiCA)...

Hong Kong is forging ahead in regulating stablecoins, establishing a comprehensive framework to foster innovation while ensuring investor...

The UK's Financial Conduct Authority (FCA) has imposed a significant £3.5 million fine on CB Payments Ltd (CBPL), a subsidiary of...