| 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. |
| 2026-04-10 | Done | Hong Kong | First stablecoin issuer licences granted HKMA licenses Anchorpoint Financial and HSBC under the Stablecoins Ordinance, the first issuers authorized in Asia. |
| 2026-07-01 | Done | Singapore | MAS stablecoin framework takes legal effect Payment Services Act amendments bring the single-currency stablecoin regime and regulated-stablecoin label into force. |
| 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. |
| 2026-09-15 | Ahead | United States | Senate cloture vote on the CLARITY Act Vote on the motion to proceed to H.R. 3633; 60 votes needed to open floor debate on the market-structure bill. |
| 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. |
| 2026-10-19 | Ahead | United States | Comments 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. |
| 2026-10-20 | Ahead | United States | Comments close: SEC Regulation Crypto Assets Deadline for comments on the SEC's proposed startup and fundraising exemptions for crypto asset offerings. |
| 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. |
| 2028-07-18 | Ahead | United States | GENIUS 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 stretch that matters next: the Senate's September 15 cloture vote on the CLARITY Act, the UK gateway opening on September 30, 2026, comment deadlines on Treasury's GENIUS rules (October 19) and the SEC's Regulation Crypto Assets (October 20), GENIUS licensing in effect January 18, 2027, and the UK regime switching on October 25, 2027. Jurisdiction pages carry the context behind each line.