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CRYPTOGOV / REGULATION WATCH

Know what changed.
Understand what comes next.

Selected official milestones, with legal status, source dates and practical research steps. Connect the policy change to the jurisdiction and activity you are researching.

8 selected milestones8 jurisdictions covered1 Nov 2026 latest source review
UAE Regulation Radar →Compare countries →Practical field guides →

8 milestones match · Status is recorded as of each review date. This is a selected editorial archive, not a live or exhaustive legal feed.

UpcomingEU / ESMA

MiCA sets a 2027 white-paper deadline for specified legacy admissions

Article 143(2) addresses crypto-assets other than asset-referenced tokens and e-money tokens that were admitted to trading before 30 December 2024. Where MiCA requires a white paper, trading-platform operators must ensure it is drawn up, notified, published and updated under the relevant provisions by 31 December 2027.

Source publication
Not specified in the cited source
Specified legacy white-paper deadline
31 Dec 2027
Source reviewed
1 Nov 2026

Practical impact

This is a defined legacy-admission provision, not a universal deadline for every token or a continuation of the expired service-provider transition. The token category, admission history and applicable requirement must be checked separately.

What to check

For an affected platform, inventory legacy admissions and record the evidence for category, admission date and white-paper responsibility. Check the underlying legal requirements before deciding that an asset is within scope or that an existing document is sufficient.

UpcomingFCA

UK’s new cryptoasset regime is scheduled for 25 October 2027

The FCA states that its new cryptoasset regime starts on 25 October 2027. In-scope services carried on in the UK remain subject to the current money-laundering registration requirements before that date. Existing MLR registration does not automatically become authorisation under the new framework.

Source publication
26 Mar 2026
New regime start
25 Oct 2027
Source reviewed
1 Nov 2026

Practical impact

A business launching before the change needs to separate its current operating basis from its future permission requirements. A registration application and an authorisation application are different processes, so completing one does not settle the other.

What to check

Maintain two dated workstreams: the requirements for operating now and the preparation for the new regime. Review the regulator’s current perimeter and application guidance against the exact service, customer locations and entity structure before making launch commitments.

UpcomingFCA

UK crypto authorisation application window closes in February 2027

The FCA’s direction sets the relevant application period from 09:00 on 30 September 2026 to 23:59 on 28 February 2027. The period concerns applications for relevant cryptoasset permissions under the new framework. It is an application milestone, not the date on which the new regime begins.

Source publication
20 Feb 2026
Relevant application period closes
28 Feb 2027
Source reviewed
1 Nov 2026

Practical impact

A firm planning to rely on the relevant transitional arrangements should distinguish a timely, complete application from an eventual authorisation decision. Existing operations and proposed new services need to be mapped to the correct permissions.

What to check

Create a submission plan with owners for each evidence item, identify unresolved scope questions and recheck the FCA’s current direction before relying on the deadline. The direction allows the FCA to amend or replace it.

In forceAMF

France’s national-to-MiCA provider transition has ended

The AMF confirms that the French transitional period ran until 1 July 2026 and is now over. A former national registration alone is insufficient for continuing crypto-asset services. The current basis must be MiCA authorisation or the applicable completed notification route for eligible financial entities.

Source publication
6 Jul 2026
Transitional deadline
1 Jul 2026
Source reviewed
1 Nov 2026

Practical impact

An old PSAN registration announcement can be accurate as history while failing to establish the provider’s present operating basis. Investors and counterparties need to connect the current entity and service to the appropriate official record.

What to check

Recheck the contracting company, authorised services and any relevant cross-border route. Preserve the current register evidence with the agreement and investigate mismatches before funding an account. Firms should ensure that customer-facing claims reflect their present status rather than the former transitional arrangement.

In forceDFSA

DIFC firms now own the Crypto Token suitability assessment

The DFSA’s updated Crypto Token framework took effect on 12 January 2026. Suitability assessment moved to firms providing the relevant financial services, and the DFSA stopped maintaining its list of Recognised Crypto Tokens. The update applies to the DIFC framework, rather than every UAE crypto activity.

Source publication
12 Jan 2026
Updated rules took effect
12 Jan 2026
Source reviewed
1 Nov 2026

Practical impact

A firm needs a reasoned, documented assessment against the applicable criteria for the tokens it uses. A historical recognised-token list is no longer a complete basis for the firm’s current decision. Ongoing monitoring also matters when token characteristics or risks change.

What to check

Record the assessment owner, supporting evidence and review triggers for each relevant token. Connect the decision file to the activity being performed and the firm’s actual permissions, then consult the DFSA’s current rules and supervisory guidance.

In forceHKMA

Hong Kong’s fiat-referenced stablecoin issuer regime is in force

Hong Kong implemented its regulatory regime for stablecoin issuers on 1 August 2025. The HKMA explains that the business of issuing fiat-referenced stablecoins within the regime is regulated and requires a licence. Licensing, supervision and AML guidance accompany the framework.

Source publication
29 Jul 2025
Issuer regime commenced
1 Aug 2025
Source reviewed
1 Nov 2026

Practical impact

Stablecoin issuance is a distinct regulatory question from operating a virtual-asset trading platform. An exchange’s status does not itself prove that a token issuer holds the relevant permission, and an application claim should not be treated as an issued licence.

What to check

Identify the actual issuer, the token’s rights and the activity within scope. Check the HKMA’s current licensed-issuer register rather than relying on launch publicity or a historical application announcement. For a proposed issuance business, use the current licensing and supervision materials to prepare the project analysis.

In forceMAS

Singapore’s overseas-only digital-token service regime has commenced

From 30 June 2025, relevant Singapore-based digital-token service providers serving only overseas customers require licensing under the DTSP regime. MAS says it sets a high bar and generally will not issue licences for this model. Its clarification distinguishes these businesses from providers serving Singapore customers under existing regimes.

Source publication
6 Jun 2025
DTSP regime commencement
30 Jun 2025
Source reviewed
1 Nov 2026

Practical impact

Customer geography is part of the regulatory analysis. Incorporating in Singapore while serving exclusively foreign customers is not an unrestricted route around the domestic framework. The token and service definitions also matter; the clarification should not be generalised to every software or utility-token project.

What to check

Document where customers are located, what token rights are involved and which functions the business performs. Resolve the applicable regime before relying on a Singapore entity as the operational base, and use current MAS guidance for any proposed change in the customer model.

GuidanceFederal Finance Ministry / BMF

Germany’s updated crypto tax guidance expands recordkeeping detail

Germany’s Federal Finance Ministry published updated income-tax guidance for certain crypto-assets on 6 March 2025, replacing its 2022 letter. The update expands discussion of cooperation and recordkeeping, tax reports and valuation questions. The ministry expressly says NFTs and liquidity mining are not yet covered by this guidance.

Source publication
6 Mar 2025
Guidance published
6 Mar 2025
Source reviewed
1 Nov 2026

Practical impact

A software-generated tax report should be supported by an inspectable acquisition and transaction history. The document’s scope also leaves some arrangements requiring separate analysis; its existence is not a complete answer for every digital-asset activity.

What to check

Preserve original exports, acquisition evidence, euro valuations and the assumptions behind any report. Reconcile transfers and asset quantities before reviewing classifications, and flag activities outside the guidance for further advice. Treat the publication date as a guidance milestone, not an invented new tax commencement date.

How this desk works

Each record separates the source’s publication date, the relevant effective date or milestone, and the date CryptoGov reviewed it. Practical impact and next steps are editorial research prompts. An effective-date label applies to the stated measure, not to every service offered in a jurisdiction.

We link to regulators and other primary authorities. A blank date is left unspecified instead of inferred. Country coverage is selective, and records are not automatically refreshed. Check the current official text and later amendments for the service, customer location and entity involved.