| Date | Status | Jurisdiction | What happens |
|---|---|---|---|
| 2024-06-30 | Done | European Union | MiCA stablecoin titles apply Titles III and IV (asset-referenced and e-money tokens) of MiCA become applicable. |
| 2024-07-19 | Done | South Korea | Virtual Asset User Protection Act in force Korea's first-phase user protection and market abuse rules take effect. |
| 2024-12-30 | Done | European Union | MiCA 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. |
| 2025-06-30 | Done | Singapore | Singapore DTSP regime live Digital token service providers serving customers outside Singapore must be licensed under the FSM Act 2022 or cease. |
| 2025-07-18 | Done | United States | GENIUS Act enacted Federal payment stablecoin framework signed into law. |
| 2025-08-01 | Done | Hong Kong | Hong Kong Stablecoins Ordinance in force HKMA licensing regime for fiat-referenced stablecoin issuers takes effect. |
| 2025-10-31 | Done | Hong Kong | Hong Kong stablecoin application cutoff Pre-existing issuers must have applied to the HKMA or wind down within a month. |
| 2026-01-01 | Done | European Union | EU DAC8 reporting begins Crypto-asset service providers begin collecting and reporting tax data under Directive (EU) 2023/2226. |
| 2026-01-01 | Done | Vietnam | Vietnam Digital Technology Industry Law effective First Vietnamese statute recognizing digital and crypto assets takes effect. |
| 2026-02-02 | Done | Brazil | Brazil BCB VASP rules in force Central bank authorization regime for virtual asset service providers begins, with transition windows. |
| 2026-07-01 | Done | European Union | MiCA transition ends Article 143(3) grandfathering closes; unauthorized CASPs must stop serving EU clients. |
| 2026-07-01 | Done | California | California DFAL operative License or completed application required to serve California residents; up to $100,000/day for unlicensed activity. |
| 2026-09-30 | Ahead | United Kingdom | UK authorisation gateway opens FCA begins accepting applications under the new cryptoasset regime. |
| 2026-09-30 | Ahead | United States | Senate window for CLARITY floor action Cloture filed August 8; leadership targets floor consideration when the Senate returns, before the midterm calendar closes. |
| 2027-01-18 | Ahead | United States | GENIUS Act outside effective date Stablecoin framework effective no later than 18 months after enactment (earlier if final rules land first). |
| 2027-10-25 | Ahead | United Kingdom | UK cryptoasset regime in force The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 commence; FCA authorization required. |
The stretch that matters next: the CLARITY Act's expected Senate floor vote in September 2026, the UK gateway opening on September 30, 2026, GENIUS Act compliance no later than January 18, 2027, and the UK regime switching on October 25, 2027. Jurisdiction pages carry the context behind each line.