CryptocurrencyRegulationsThe Global Digital Asset Law Monitor
Home › Deadlines
TIMELINE

The deadline calendar

Effective dates and compliance cutoffs across the register, 2024 to 2028. Marks update against today's date in your browser.


DateStatusJurisdictionWhat happens
2024-06-30DoneEuropean UnionMiCA stablecoin titles apply
Titles III and IV (asset-referenced and e-money tokens) of MiCA become applicable.
2024-07-19DoneSouth KoreaVirtual Asset User Protection Act in force
Korea's first-phase user protection and market abuse rules take effect.
2024-12-30DoneEuropean UnionMiCA fully applicable
CASP licensing and the balance of MiCA apply across the EU; the recast Transfer of Funds Regulation (travel rule) applies the same day.
2025-06-30DoneSingaporeSingapore DTSP regime live
Digital token service providers serving customers outside Singapore must be licensed under the FSM Act 2022 or cease.
2025-07-18DoneUnited StatesGENIUS Act enacted
Federal payment stablecoin framework signed into law.
2025-08-01DoneHong KongHong Kong Stablecoins Ordinance in force
HKMA licensing regime for fiat-referenced stablecoin issuers takes effect.
2025-10-31DoneHong KongHong Kong stablecoin application cutoff
Pre-existing issuers must have applied to the HKMA or wind down within a month.
2026-01-01DoneEuropean UnionEU DAC8 reporting begins
Crypto-asset service providers begin collecting and reporting tax data under Directive (EU) 2023/2226.
2026-01-01DoneVietnamVietnam Digital Technology Industry Law effective
First Vietnamese statute recognizing digital and crypto assets takes effect.
2026-02-02DoneBrazilBrazil BCB VASP rules in force
Central bank authorization regime for virtual asset service providers begins, with transition windows.
2026-04-10DoneHong KongFirst stablecoin issuer licences granted
HKMA licenses Anchorpoint Financial and HSBC under the Stablecoins Ordinance, the first issuers authorized in Asia.
2026-07-01DoneEuropean UnionMiCA transition ends
Article 143(3) grandfathering closes; unauthorized CASPs must stop serving EU clients.
2026-07-01DoneCaliforniaCalifornia DFAL operative
License or completed application required to serve California residents; up to $100,000/day for unlicensed activity.
2026-09-01DoneRussiaFederal Law 282-FZ takes effect
Crypto trading through Bank of Russia-regulated intermediaries becomes lawful, with retail caps and the domestic payments ban retained.
2026-09-15DoneUnited StatesCLARITY Act cloture rejected, 49–50
The Senate fell eleven votes short of the 60 needed to proceed to H.R. 3633; a motion to reconsider keeps a post-election revival procedurally possible.
2026-09-17DoneUnited StatesSEC innovation exemption takes effect
Five-year exemptive order for trading tokenized exchange-listed stocks on Tokenized Securities Venues, running to September 17, 2031.
2026-09-30AheadEuropean UnionComments close: Commission MiCA review consultation
The targeted consultation on the review of MiCA, open since May 20, 2026, closes; the Commission's application report is due in 2027.
2026-09-30AheadSouth AfricaComments close: draft Crypto Assets Manual
Treasury and the Reserve Bank's draft manual would require separate Reserve Bank authorisation for cross-border crypto asset services under exchange control.
2026-09-30AheadUnited KingdomUK authorisation gateway opens
FCA begins accepting applications under the new cryptoasset regime.
2026-09-30AheadUnited StatesSenate window for CLARITY floor action
Cloture filed August 8; leadership targets floor consideration when the Senate returns, before the midterm calendar closes.
2026-10-01AheadBrazilCoaf reporting on self-custody transfers begins
Resolution BCB 588: transfers to or from self-custody wallets of US$10,000 or more must be reported to Coaf by the next business day.
2026-10-05AheadRussiaBank of Russia registers open
Directive 7429-U and Regulation 890-P take effect; exchangers and digital depositaries may apply for inclusion in the Bank of Russia registers.
2026-10-16AheadSingaporeComments close: MAS draft stablecoin legislation
Deadline for comments on Payment Services Act amendments creating a stablecoin issuance licence.
2026-10-19AheadUnited StatesComments close: Treasury GENIUS section 3 rules
Deadline for comments on Treasury's proposed definitions of issuing, offering, and selling payment stablecoins in the United States.
2026-10-20AheadUnited StatesComments close: SEC Regulation Crypto Assets
Deadline for comments on the SEC's proposed startup and fundraising exemptions for crypto asset offerings.
2026-11-06AheadBrazilBrazilian institutions cut off unauthorized providers
Resolution BCB 589: authorized institutions may no longer operate with virtual asset providers that lack BCB authorization.
2027-01-01AheadCaliforniaCalifornia meme coin and digital asset money laundering laws take effect
AB 2409 restricts meme coins tied to public officials and SB 1208 extends money laundering law to digital assets.
2027-01-01AheadBrazilExpanded VASP supervisory reporting begins
Resolution BCB 589: providers report client balances, custody at home and abroad, proof of reserves, and staked assets.
2027-01-18AheadUnited StatesGENIUS Act outside effective date
Stablecoin framework effective no later than 18 months after enactment (earlier if final rules land first).
2027-02-28AheadUnited KingdomUK authorisation window closes
Last day to apply in the FCA gateway window and keep operating under the saving provision while an application is assessed.
2027-04-09AheadAustraliaDigital Assets Framework Act commences
Digital asset platform and tokenised custody platform licensing begins, followed by a transition window for existing operators.
2027-07-01AheadRussiaRussia licensing deadline for crypto intermediaries
Intermediaries must be licensed or registered by the Bank of Russia to keep operating under Federal Law 282-FZ.
2027-10-25AheadUnited KingdomUK cryptoasset regime in force
The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 commence; FCA authorization required.
2028-07-18AheadUnited StatesGENIUS Act: unlicensed stablecoins barred from US distribution
From this date digital asset service providers may not offer or sell payment stablecoins to US persons unless a licensed issuer stands behind them.

The next dates to watch are the UK gateway opening on September 30, 2026, comment deadlines on Singapore's draft stablecoin legislation (October 16), Treasury's GENIUS rules (October 19), and the SEC's Regulation Crypto Assets (October 20), GENIUS licensing in effect January 18, 2027, Australia's platform licensing law commencing April 9, 2027, and the UK regime switching on October 25, 2027. Jurisdiction pages carry the context behind each line.