RWA REGULATION

In this section you will find a collection of global RWA regulation bodies and their policies towards it – most of this is stablecoin related. We did our best to cover the more well known agencies, but this list should not be considered exhaustive. Anything we missed? – contact us here.

Click @ for links

BIS Stablecoin Guidance:

- @ BIS Stablecoin Archive (2014 to today)
- @ BIS: Financial stability risks from cryptoassets in emerging market economies (Aug 2023)
- @ BIS/IOSCO: Application of the Principles for Financial Market Infrastructures to stablecoin arrangements PDF (Jul 2022)
- @ BIS/IOSCO: The Principles for financial market infrastructures are the international standards for financial market infrastructures, ie payment systems, central securities depositories, securities settlement systems, central counter-parties & trade repositories. Issued by the CPMI and the International Organization of Securities Commissions (IOSCO)

FSB Stablecoin Guidance:

- @ FSB: Crypto statements & reports from (2018 to today)
- @ FSB: Global Regulatory Framework for Crypto-Asset Activities (Jul 2023)
- @ FSB: Regulation, Supervision & Oversight of “Global Stablecoin” Arrangements (Oct 2021)

IMF Stablecoin Guidance:

- @ IMF: Crypto Archive from (2018 to today)
- @ IMF: Stablecoin Archive from (2018 to today)
- @ IMF: Taxing Cryptocurrencies Report (Jul 2023)
- @ IMF: The Case of Stablecoins & Arrangements (Sept 2022)

FATF Stablecoin Guidance:

- @ FATF: Targeted Update on Virtual Assets
- @ FATF: Virtual Assets & Virtual Asset Service Providers
- @ FATF: Report to the G20 Finance Ministers & Central Bank Governors

USA Stablecoin Guidance:

- @ President’s Working Group (PWG) on Financial Markets (Nov 2021):
  - Voting members of the FSOC participating in the PWG report included:
    - SEC
    - CFTC
    - FDIC
    - OCC: Stablecoin Archive
    - Treasury Department
    - The Federal Reserve
      - @ The Fed: Stablecoin Archive
        @ The Stable in Stablecoins (Dec 2022)
        @ The USD in the Age of Digital Transformation (Jun 2022)
        @ Stablecoins: Growth Potential & Impact on Banking (Jan 2022)
- @ US Treasury Stablecoin Guidance:
  - - Requiring stablecoin issuers to be insured depository institutions
    - Requiring the implementation of interoperability standards among stablecoins
    - Requiring custodial wallet providers to be subject to “appropriate federal oversight”
- @ GAO: Blockchain in Finance- Legislative & Regulatory Actions (Jun 2023)
- @ US Congress & Senate Bills: Digital Assets Bill & Payment Stablecoins Bill (Jul 2023)

EU & UK Stablecoin Guidance

- @ EU Central Bank: Stablecoins’ role in crypto and beyond: functions, risks and policy (Jul 2022)
- MiCA: European Union Markets in Crypto Assets Regulation
  - @ EU Regulation on Markets in Crypto-Assets: (May 2023)
  - @ EU Communique (Nov 2021)
  - @ Report on the proposal for a regulation of the European Parliament and of the Council on markets in crypto-assets (Mar 2022)
- @ Dechert: Countdown to MiCA: The EU’s cryptoassets regulation (Jul 2022)
- @ Sygna: MiCA: A Guide to the EU’s Proposed Markets in Crypto-Assets Regulation (Jul 2022)
- @ UK Regulatory Approach to Cryptoassets and Stablecoins: Consultation and Call for Evidence (Jul 2022)

APAC Guidance

@ Hong Kong Monetary Authority: Discussion Paper on Crypto-assets and Stablecoins (Jan 2022)
@ Australia: Senate Select Committee on Australia as a Technology and Financial Centre (2022)
@ Australian Securities and Investments Commission (ASIC) Guidance

Stablecoin & Global Reports

- @ BACS Report: Travel Rule for Crypto Assets in the EU (Aug 2023)
- @ BCG: Managing Risk for the New Wave of Digital Currencies (Jul 2023)
- @ Skadden: A Closer Look at Proposed UK Regulation (Mar 2023)
- @ PWC: Global Crypto Regulation Report 2023 (Dec 2022)
- @ S&P Global: Regulating Crypto Report (Jul 2022)
- @ StateStreet: The Developing Global Regulatory Landscape for Digital Assets (Jul 2022)
- @ Thomson Reuters: Crypto Regulations by Country (Apr 2022)
- @ Deloitte: Stablecoin Regulatory Update (Feb 2022)
- @ Skadden: Recent Developments in the Regulation of Cryptocurrencies – Series (2021-2022)
- @ Harvard Business Review: Stablecoins and the Future of Money (Aug 2021)
- @ Institutional Investor: How Institutional Investors Use Stablecoins (Aug 2022)
- @ CRS: Stablecoins: Legal Issues and Regulatory Options (Part 1) (Jun 2022)
- @ Bloomberg Law: Cryptocurrency Laws and Regulations by State (Mar 2022) & DLF Licensing Resources
- @ Blockdata: Regulation, Stablecoins and CBDC’s – What you need to know (Jun 2021)
- @ ComplyAdvantage: Cryptocurrency Regulations Around the World (2021)
- @ Clifford Chance: Stablecoins A Global Overview of Regulatory Requirements (2019)
- @ Finance Magnates: Stablecoin Content
- @ Future of Finance: Stablecoin Content
- @ Brookings Institute: Stablecoin Content
- @ Harvard Business Review: Stablecoin Content

AI in Blockchain & Regtech

- @ TechMagic: AI in Fintech, 10 Startup Stories (May 2023)
- @ CoinCode: Blockchain Compliance Company List (Jun 2023)
- @ Elliptic: Using Blockchain Analysis to Mitigate Risk (Mar 2022)
- @ Nvidia: The State of AI in Financial Services (2022)
- @ Big Data & Artificial Intelligence in Digital Finance (Dec 2021)
- @ McKinsey: Building the AI Bank of the Future (May 2021)
- @ The Alan Turing Institute: AI in Financial Services (2021)
- @ Deloitte/WEF: How AI is Transforming the Financial Ecosystem (2018)