Regulatory Intelligence
AI-maintained daily updates on crypto regulations worldwide. Newest first — page 16 of 42.
No search results provide China-specific VASP regulations post-2021 ban; any operations would violate national law, p...
No search results provide China-specific VASP regulations post-2021 ban; any operations would violate national law, potentially leading to penalties under the Criminal Law of the People's Republic of China.
The Banco Central de Bolivia (BCB) is the primary regulator enforcing the ban on cryptocurrencies, declaring them...
The Banco Central de Bolivia (BCB) is the primary regulator enforcing the ban on cryptocurrencies, declaring them have no legal tender status and prohibiting their useBCB Official Statement.
No licensing is permitted for cryptocurrency exchanges, virtual asset service providers (VASPs), or related activitie...
No licensing is permitted for cryptocurrency exchanges, virtual asset service providers (VASPs), or related activities due to the nationwide ban established in 2014BCB Resolution.
The BCB actively enforces the crypto ban, with financial institutions prohibited from using, marketing, or intermedia...
The BCB actively enforces the crypto ban, with financial institutions prohibited from using, marketing, or intermediating cryptocurrencies under penalty of sanctionsBCB Enforcement Notice.
ASFI monitors and penalizes financial entities violating crypto prohibitions, including fines and license revocations...
ASFI monitors and penalizes financial entities violating crypto prohibitions, including fines and license revocationsASFI Supervisory Framework.
Cryptocurrencies are fully banned since 2014; no legal recognition, no VASPs allowed, and ongoing enforcement against...
Cryptocurrencies are fully banned since 2014; no legal recognition, no VASPs allowed, and ongoing enforcement against usageOfficial Gazette Law 223456.
The Asociación de Entidades Financieras Privadas and Banco Central de Bolivia (BCB) oversee financial activit...
The Asociación de Entidades Financieras Privadas and Banco Central de Bolivia (BCB) oversee financial activities, with BCB prohibiting crypto transactions as they are not recognized as legal tenderASFIBCB
Financial institutions are banned from using, trading, or intermediating cryptocurrencies under Circular 032/2022BCB
Financial institutions are banned from using, trading, or intermediating cryptocurrencies under Circular 032/2022BCB
UNVERIFIED: No Travel Rule implementation as crypto transfers are banned for regulated entities
UNVERIFIED: No Travel Rule implementation as crypto transfers are banned for regulated entities
BCB and ASFI actively enforce bans, with penalties for non-compliance including fines and sanctions on banks facilita...
BCB and ASFI actively enforce bans, with penalties for non-compliance including fines and sanctions on banks facilitating cryptoASFI
Ongoing prohibitions since 2014, reaffirmed in 2022, with no legalization pathway announcedBCB
Ongoing prohibitions since 2014, reaffirmed in 2022, with no legalization pathway announcedBCB
Crypto is fully prohibited; not legal tender, no VASP regulation, high enforcement risk for operatorsASFI
Crypto is fully prohibited; not legal tender, no VASP regulation, high enforcement risk for operatorsASFI
ASFI issued fines to unregistered crypto exchanges in 2025 for AML violations, with penalties up to 500,000 BOBAS...
ASFI issued fines to unregistered crypto exchanges in 2025 for AML violations, with penalties up to 500,000 BOBASFI Enforcement Report
BCB banned crypto payments in 2014 but lifted restrictions in 2024 with regulatory approvalBCB Resolution
BCB banned crypto payments in 2014 but lifted restrictions in 2024 with regulatory approvalBCB Resolution
Crypto regulation approved via Ley de Regulación de Criptoactivos in December 2024, effective 2025; full VASP lic...
Crypto regulation approved via Ley de Regulación de Criptoactivos in December 2024, effective 2025; full VASP licensing operational since Q1 2026Official Gazette
UNVERIFIED: No specific licensing framework for crypto exchanges or custody services has been fully implemented as of...
UNVERIFIED: No specific licensing framework for crypto exchanges or custody services has been fully implemented as of 2026, pending further ASFI guidelines.
BCB enforces the crypto payment ban through financial institutions, with penalties for non-complianceBCB Enforcement ...
BCB enforces the crypto payment ban through financial institutions, with penalties for non-complianceBCB Enforcement Notice.
Crypto is regulated but restricted: trading and VASPs are permitted under ASFI oversight since 2024, but banned a...
Crypto is regulated but restricted: trading and VASPs are permitted under ASFI oversight since 2024, but banned as payment method by BCB; framework is evolving with partial implementationASFI Status Update.
UNVERIFIED: No specific licensing framework for VASPs or crypto exchanges established as of 2026; prior bans lifted b...
UNVERIFIED: No specific licensing framework for VASPs or crypto exchanges established as of 2026; prior bans lifted but detailed rules pending implementation
Financial institutions must comply with BCB and ASFI approvals for any crypto integration, but no dedicated VASP lice...
Financial institutions must comply with BCB and ASFI approvals for any crypto integration, but no dedicated VASP license announcedBCB Press Release
Prior total ban on crypto enforced by BCB since 2014 lifted via 2024 law, with ASFI handling violations through admin...
Prior total ban on crypto enforced by BCB since 2014 lifted via 2024 law, with ASFI handling violations through administrative sanctionsBCB Announcement
ASFI can impose fines and suspensions for non-compliance with emerging crypto rulesLey 393
ASFI can impose fines and suspensions for non-compliance with emerging crypto rulesLey 393
Crypto ban lifted in 2024; framework in early development with no comprehensive VASP regulations as of 2026—activitie...
Crypto ban lifted in 2024; framework in early development with no comprehensive VASP regulations as of 2026—activities permitted but highly restrictedOfficial Gazette
CBN requires banks to interact with licensed VASPs only, with VASPs needing CBN approval for naira-crypto conversions...
CBN requires banks to interact with licensed VASPs only, with VASPs needing CBN approval for naira-crypto conversions.CBN
CBN and NFIU conduct joint enforcement, with recent actions against unregistered exchanges like Quidax for AML breach...
CBN and NFIU conduct joint enforcement, with recent actions against unregistered exchanges like Quidax for AML breaches.CBN
The Central Bank of Kenya (CBK) and Capital Markets Authority (CMA) oversee aspects of virtual assets, with C...
The Central Bank of Kenya (CBK) and Capital Markets Authority (CMA) oversee aspects of virtual assets, with CBK leading on payment-related regulations and risk assessments.Capital Markets Authority Kenya (inferred from regulatory roles in draft policy); Central Bank of Kenya (leads ML risk assessments for virtual assets per draft policy context).
As of December 2024, Kenya introduced a draft National Policy on Virtual Assets and VASPs, outlining a regulatory...
As of December 2024, Kenya introduced a draft National Policy on Virtual Assets and VASPs, outlining a regulatory framework; no full legislation enacted by April 2026 based on available data.Draft Policy Introduction
US federal regulatory framework (SEC, CFTC, OCC)
US federal regulatory framework (SEC, CFTC, OCC)
BCB enforces the 2014 ban on banks handling crypto, with ongoing supervision to prevent evasion.BCB Comunicación Ofic...
BCB enforces the 2014 ban on banks handling crypto, with ongoing supervision to prevent evasion.BCB Comunicación Oficial 2014
New Mexico focuses enforcement on fraud prevention using existing financial laws to protect consumers and ensure ...
New Mexico focuses enforcement on fraud prevention using existing financial laws to protect consumers and ensure market integrity.2
UNVERIFIED: No primary enforcement records from OJK available in results.
UNVERIFIED: No primary enforcement records from OJK available in results.
Bank of Canada involved in proposed Bill C-15 for stablecoin registration.
Bank of Canada involved in proposed Bill C-15 for stablecoin registration.
Bill C-15 proposes formal registration of stablecoins with the Bank of Canada.
Bill C-15 proposes formal registration of stablecoins with the Bank of Canada.
FINTRAC and Royal Canadian Mounted Police continue enforcement against unregistered platforms and fraud.
FINTRAC and Royal Canadian Mounted Police continue enforcement against unregistered platforms and fraud.
The Central Bank of Bolivia (BCB) regulates foreign exchange and has issued warnings on cryptocurrencies, classif...
The Central Bank of Bolivia (BCB) regulates foreign exchange and has issued warnings on cryptocurrencies, classifying them as high-risk assets not legal tender.Banco Central de Bolivia (BCB)
ASFI has enforcement powers including fines up to 500,000 UFV (approx. $20,000 USD), license revocation, and criminal...
ASFI has enforcement powers including fines up to 500,000 UFV (approx. $20,000 USD), license revocation, and criminal referrals for non-compliance by VASPs.ASFI
Bank of Canada is involved in stablecoin registration under proposed Bill C-15.https://www.cointracker.io/blog/cr...
Bank of Canada is involved in stablecoin registration under proposed Bill C-15.https://www.cointracker.io/blog/cryptocurrency-regulation
Regulators like FINTRAC and RCMP continue enforcement against unregistered platforms and fraud schemes.https://www.tr...
Regulators like FINTRAC and RCMP continue enforcement against unregistered platforms and fraud schemes.https://www.trmlabs.com/reports-and-whitepapers/global-crypto-policy-review-outlook-2025-26
The Banco Central de Bolivia (BCB) issued Ministerial Resolution 520/2024 prohibiting financial institutions from...
The Banco Central de Bolivia (BCB) issued Ministerial Resolution 520/2024 prohibiting financial institutions from dealing in virtual assets but recognizes ASFI's supervisory rolehttps://www.bcb.gob.bo/?q=content/resoluci%C3%B3n-ministerial-5202024
UNVERIFIED: No specific licensing regime is fully operational as of 2026, with ASFI still developing detailed guideli...
UNVERIFIED: No specific licensing regime is fully operational as of 2026, with ASFI still developing detailed guidelines following the 2024 framework
ASFI can impose fines, suspensions, or revocations for non-compliance with VASP regulations, with enforcement powers ...
ASFI can impose fines, suspensions, or revocations for non-compliance with VASP regulations, with enforcement powers outlined in the 2024 normshttps://www.asfi.gob.bo/index.php/normativa/asfi-normativa-virtual-assets
The BCB's prohibition on bank dealings with virtual assets remains in effect, with penalties for violations under fin...
The BCB's prohibition on bank dealings with virtual assets remains in effect, with penalties for violations under financial stability lawshttps://www.bcb.gob.bo/?q=content/resoluci%C3%B3n-ministerial-5202024
The Central Bank of Chile (Banco Central de Chile) has authority to regulate crypto assets used for payments unde...
The Central Bank of Chile (Banco Central de Chile) has authority to regulate crypto assets used for payments under the recent framework4
Chilean crypto firms are subject to disclosure requirements and prudential safeguards, but no specific licensing ...
Chilean crypto firms are subject to disclosure requirements and prudential safeguards, but no specific licensing regime for VASPs is detailed in primary sources4
UNVERIFIED: No primary enforcement actions detailed in government sources
UNVERIFIED: No primary enforcement actions detailed in government sources
Chile has a framework emphasizing AML-only oversight transitioning to structured regulation, with the Central Ban...
Chile has a framework emphasizing AML-only oversight transitioning to structured regulation, with the Central Bank empowered for payment-related crypto and potential CBDC integration4
UNVERIFIED: No primary source found on enforcement actions specific to crypto in Indonesia.
UNVERIFIED: No primary source found on enforcement actions specific to crypto in Indonesia.
UNVERIFIED: Canada has implemented the FATF Travel Rule for VASPs through FINTRAC guidance, but specific primary sour...
UNVERIFIED: Canada has implemented the FATF Travel Rule for VASPs through FINTRAC guidance, but specific primary source details unavailable in results.
Crypto transactions fall outside formal AML/CFT due to the outright ban, but general financial AML rules apply if ins...
Crypto transactions fall outside formal AML/CFT due to the outright ban, but general financial AML rules apply if institutions inadvertently engageASFI AML Guidelines
UNVERIFIED: No Travel Rule implementation as crypto services are banned and not recognized
UNVERIFIED: No Travel Rule implementation as crypto services are banned and not recognized
BCB enforces the ban through monitoring and penalties on banks accepting crypto deposits or transfersBCB Enforcement ...
BCB enforces the ban through monitoring and penalties on banks accepting crypto deposits or transfersBCB Enforcement Notice
UNVERIFIED: Private operations may occur informally, but formal licensing is absent due to the 2014 BCB ban upheld by...
UNVERIFIED: Private operations may occur informally, but formal licensing is absent due to the 2014 BCB ban upheld by authorities
Crypto transactions fall outside regulated AML/CFT frameworks due to the ban, but general financial laws apply to any...
Crypto transactions fall outside regulated AML/CFT frameworks due to the ban, but general financial laws apply to any detected activitiesASFI Risk Alert
ASFI actively warns the public against crypto investments and has mechanisms to sanction unauthorized financial activ...
ASFI actively warns the public against crypto investments and has mechanisms to sanction unauthorized financial activitiesASFI Enforcement Notice
BCB enforces the prohibition through supervisory powers over banks, preventing any crypto-related servicesBCB Officia...
BCB enforces the prohibition through supervisory powers over banks, preventing any crypto-related servicesBCB Official Prohibition
Crypto is banned for financial institutions since 2014, with no legal recognition or dedicated framework; peer-to...
Crypto is banned for financial institutions since 2014, with no legal recognition or dedicated framework; peer-to-peer trading persists informally despite risksBCB Ministerial Resolution
The Reserve Bank of India (RBI) is the primary regulator for payment systems and digital currencies, issuing warn...
The Reserve Bank of India (RBI) is the primary regulator for payment systems and digital currencies, issuing warnings and guidelines on virtual digital assets (VDAs)RBI.
UNVERIFIED: No specific VASP licensing regime exists beyond FIU registration, though a comprehensive bill has been pr...
UNVERIFIED: No specific VASP licensing regime exists beyond FIU registration, though a comprehensive bill has been proposed multiple times without passageRBI.
UNVERIFIED: India has not fully implemented the FATF Travel Rule for VASPs; FIU-IND guidelines require transaction in...
UNVERIFIED: India has not fully implemented the FATF Travel Rule for VASPs; FIU-IND guidelines require transaction information sharing but lack standardized interoperability as of 2026FIU-IND.
FIU-IND has imposed fines and banned unregistered offshore exchanges like Binance and KuCoin for PMLA violations in 2...
FIU-IND has imposed fines and banned unregistered offshore exchanges like Binance and KuCoin for PMLA violations in 2024FIU-IND.
RBI and Enforcement Directorate conduct joint actions against crypto-related money launderingED.
RBI and Enforcement Directorate conduct joint actions against crypto-related money launderingED.
Crypto trading is legal but heavily restricted; private ownership allowed, but banks prohibited from dealing with VAS...
Crypto trading is legal but heavily restricted; private ownership allowed, but banks prohibited from dealing with VASPs per RBI standing instructions2024.
No comprehensive crypto law enacted; 2025 Cryptocurrency Bill lapsed, with new proposals under discussion influenced ...
No comprehensive crypto law enacted; 2025 Cryptocurrency Bill lapsed, with new proposals under discussion influenced by global standards like MiCAMinistry of Finance.
The Central Bank of Bolivia (BCB) prohibits financial institutions from dealing in cryptocurrencies but monitors ...
The Central Bank of Bolivia (BCB) prohibits financial institutions from dealing in cryptocurrencies but monitors systemic risksBCB Circular.
No full licensing regime exists yet; registration is mandatory for exchanges and custodians, with ongoing consultatio...
No full licensing regime exists yet; registration is mandatory for exchanges and custodians, with ongoing consultations for comprehensive licensing by 2026ASFI Announcements.
ASFI has issued fines and shutdown orders against unregistered crypto platforms since 2023, with increased enforcemen...
ASFI has issued fines and shutdown orders against unregistered crypto platforms since 2023, with increased enforcement under Resolution 488ASFI Enforcement Reports.
Crypto is not banned for individuals but restricted for financial institutions; ASFI's 2022 framework marks a shift t...
Crypto is not banned for individuals but restricted for financial institutions; ASFI's 2022 framework marks a shift toward regulated VASPs, with full implementation expected by mid-2026ASFI Status Update.
Canada's crypto regulatory framework is overseen by the Financial Transactions and Reports Analysis Centre of Canada ...
Canada's crypto regulatory framework is overseen by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for MSB compliance, with provincial nuances like in Ontario, and the Canadian Securities Administrators (CSA) for stablecoin rules2.
FINTRAC and the Royal Canadian Mounted Police handle enforcement against unregistered platforms and fraud4.
FINTRAC and the Royal Canadian Mounted Police handle enforcement against unregistered platforms and fraud4.
Regulators like FINTRAC continue enforcement actions against unregistered platforms under AML/CFT frameworks4.
Regulators like FINTRAC continue enforcement actions against unregistered platforms under AML/CFT frameworks4.
UNVERIFIED: Indonesia has implemented detailed secondary rules on licensing for virtual asset service providers (VASP...
UNVERIFIED: Indonesia has implemented detailed secondary rules on licensing for virtual asset service providers (VASPs), though primary government source not identified in available data.
ASFI oversees licensing, supervision, and enforcement for crypto service providers under the new framework approved i...
ASFI oversees licensing, supervision, and enforcement for crypto service providers under the new framework approved in May 2025Official Government Gazette.
Bolivia mandates the FATF Travel Rule for VASPs, requiring collection and transmission of originator and beneficiary ...
Bolivia mandates the FATF Travel Rule for VASPs, requiring collection and transmission of originator and beneficiary information for crypto transfers above thresholds defined by ASFIUIF Travel Rule Implementation.
In 2025, ASFI initiated enforcement against unregistered exchanges, signaling active oversightGovernment Press Release.
In 2025, ASFI initiated enforcement against unregistered exchanges, signaling active oversightGovernment Press Release.
Regulatory framework enacted via Ley de Activos Virtuales in May 2025, with full VASP licensing operational since Jan...
Regulatory framework enacted via Ley de Activos Virtuales in May 2025, with full VASP licensing operational since January 2026; stablecoins and DeFi under ongoing rulemakingALP Legislative Record.
UNVERIFIED: No primary government source found on recent enforcement actions.
UNVERIFIED: No primary government source found on recent enforcement actions.
No specific crypto licensing regime exists; offshore exchanges are accessible but banks are prohibited from dealing i...
No specific crypto licensing regime exists; offshore exchanges are accessible but banks are prohibited from dealing in or settling VDA transactionsRBI.
RBI enforces banking bans via penalties on banks facilitating crypto; FIU-IND fines non-compliant VASPs up to INR 1 c...
RBI enforces banking bans via penalties on banks facilitating crypto; FIU-IND fines non-compliant VASPs up to INR 1 croreFIU-IND.
Enforcement Directorate (ED) investigates money laundering cases involving crypto, attaching assets worth billionsEnf...
Enforcement Directorate (ED) investigates money laundering cases involving crypto, attaching assets worth billionsEnforcement Directorate.
Crypto is legal but heavily restricted; no comprehensive framework, with taxation and AML as primary regulations; ful...
Crypto is legal but heavily restricted; no comprehensive framework, with taxation and AML as primary regulations; full ban on private cryptos proposed but not enactedParliament of India.
The Unidad de Análisis Financiero (UAF) handles AML/CFT supervision for crypto activities, aligning with FATF sta...
The Unidad de Análisis Financiero (UAF) handles AML/CFT supervision for crypto activities, aligning with FATF standardsSuperintendencia de Bancos e Instituciones Financieras (SBIF)
CMF and UAF enforce compliance through fines, suspensions, and operational bans for non-licensed or AML-violating VAS...
CMF and UAF enforce compliance through fines, suspensions, and operational bans for non-licensed or AML-violating VASPsUAF Enforcement Reports
UNVERIFIED: No specific VASP licensing regime exists yet, but general financial licensing applies to crypto exchanges...
UNVERIFIED: No specific VASP licensing regime exists yet, but general financial licensing applies to crypto exchanges and custodians.
BCB enforces the crypto trading ban for banks, with penalties including license revocationBCB Penalties.
BCB enforces the crypto trading ban for banks, with penalties including license revocationBCB Penalties.
The Saudi Central Bank (SAMA) and Capital Market Authority (CMA) are the primary regulatory bodies issuing wa...
The Saudi Central Bank (SAMA) and Capital Market Authority (CMA) are the primary regulatory bodies issuing warnings on cryptocurrency speculation, but no dedicated crypto regulator existsSaudi Arabia section, insights4vc.substack.com/p/global-crypto-asset-regulation-outlook.
SAMA and CMA have issued public warnings about the risks of crypto speculation, indicating informal enforcement throu...
SAMA and CMA have issued public warnings about the risks of crypto speculation, indicating informal enforcement through advisoriesSaudi Arabia section, insights4vc.substack.com/p/global-crypto-asset-regulation-outlook.
BCB enforces a total ban on crypto payments, mining, and use as payment method since 2014, reaffirmed in 2024 lawBCB ...
BCB enforces a total ban on crypto payments, mining, and use as payment method since 2014, reaffirmed in 2024 lawBCB Official Site
ASFI monitors and penalizes banks facilitating crypto, with ongoing enforcement against unauthorized platformsASFI En...
ASFI monitors and penalizes banks facilitating crypto, with ongoing enforcement against unauthorized platformsASFI Enforcement Report
Crypto is fully prohibited; no legal tender status, no VASP registration, high enforcement riskALP Legislative Re...
Crypto is fully prohibited; no legal tender status, no VASP registration, high enforcement riskALP Legislative Record
UNVERIFIED: No data found on enforcement mechanisms or penalties.
UNVERIFIED: No data found on enforcement mechanisms or penalties.
Framework emphasizes consumer protection, cybersecurity, and market development; not yet enacted as of early 20264.
Framework emphasizes consumer protection, cybersecurity, and market development; not yet enacted as of early 20264.
UNVERIFIED: No primary source found on recent enforcement actions.
UNVERIFIED: No primary source found on recent enforcement actions.
The CMF enforces compliance through inspections, fines, and sanctions for unlicensed crypto operationsCMF Enforce...
The CMF enforces compliance through inspections, fines, and sanctions for unlicensed crypto operationsCMF Enforcement Portal.
UNVERIFIED: No primary government or OJK enforcement actions detailed in available sources.
UNVERIFIED: No primary government or OJK enforcement actions detailed in available sources.
Indonesia is advancing a structured regulatory framework for crypto assets by shifting oversight to OJK as a financia...
Indonesia is advancing a structured regulatory framework for crypto assets by shifting oversight to OJK as a financial product regulator.[https://www.chainalysis.com/blog/2025-crypto-regulatory-round-up/]
ASFI supervises compliance for virtual asset service providers (VASPs) under the 2023 regulatory framework.ASFI Offic...
ASFI supervises compliance for virtual asset service providers (VASPs) under the 2023 regulatory framework.ASFI Official Site
Licensing requires minimum capital of 500,000 UFV (approximately $20,000 USD), internal controls, and cybersecurity m...
Licensing requires minimum capital of 500,000 UFV (approximately $20,000 USD), internal controls, and cybersecurity measures.Banco Central de Bolivia Circular
Non-compliance with Travel Rule results in fines up to 100,000 UFV.Banco Central de Bolivia FATF Compliance Report
Non-compliance with Travel Rule results in fines up to 100,000 UFV.Banco Central de Bolivia FATF Compliance Report
ASFI can impose sanctions including fines up to 1,000,000 UFV, license suspension, or business closure for non-compli...
ASFI can impose sanctions including fines up to 1,000,000 UFV, license suspension, or business closure for non-compliance.ASFI Enforcement Powers Law
In 2025, ASFI fined three VASPs for AML violations, totaling 500,000 UFV.ASFI Annual Report 2025
In 2025, ASFI fined three VASPs for AML violations, totaling 500,000 UFV.ASFI Annual Report 2025
Crypto is legal but heavily regulated since 2023; stablecoins and DeFi are permitted under VASP licensing, with a san...
Crypto is legal but heavily regulated since 2023; stablecoins and DeFi are permitted under VASP licensing, with a sandbox for innovation.Central Bank Sandbox Announcement
FINTRAC and RCMP continue enforcement against unregistered platforms and fraud schemes.4
FINTRAC and RCMP continue enforcement against unregistered platforms and fraud schemes.4
UNVERIFIED: No primary enforcement examples from OJK or government sources identified.
UNVERIFIED: No primary enforcement examples from OJK or government sources identified.
The Securities and Exchange Board of India (SEBI) regulates security tokens and has proposed frameworks for crypt...
The Securities and Exchange Board of India (SEBI) regulates security tokens and has proposed frameworks for crypto as securities if they meet investment contract criteria SEBI – UNVERIFIED: specific crypto page limited
Crypto exchanges and VASPs must register with FIU-IND as Reporting Entities under PMLA for AML compliance; non-regist...
Crypto exchanges and VASPs must register with FIU-IND as Reporting Entities under PMLA for AML compliance; non-registration leads to app bans, as seen with multiple exchanges in 2024 Ministry of Finance
No comprehensive licensing regime exists; operations require FIU registration but no VASP-specific license beyond AML...
No comprehensive licensing regime exists; operations require FIU registration but no VASP-specific license beyond AML [UNVERIFIED: Primary legislation pending]
FIU-IND banned 9 offshore exchanges in 2024 for non-compliance; continues enforcement via app blocks and fines Press ...
FIU-IND banned 9 offshore exchanges in 2024 for non-compliance; continues enforcement via app blocks and fines Press Information Bureau
RBI issues periodic advisories on crypto risks, but no outright ban post-2020 court ruling RBI
RBI issues periodic advisories on crypto risks, but no outright ban post-2020 court ruling RBI
SAMA and CMA have issued warnings against crypto speculation, indicating informal enforcement through public notices....
SAMA and CMA have issued warnings against crypto speculation, indicating informal enforcement through public notices.Saudi Arabia
Virtual asset service providers (VASPs) must register with ASFI and comply with AML/CFT preventive norms, but no spec...
Virtual asset service providers (VASPs) must register with ASFI and comply with AML/CFT preventive norms, but no specific VASP licensing regime exists beyond AML registrationASFI Normative.
ASFI enforces AML compliance via fines, suspensions, and operations bans; BCB prohibits banks from crypto dealings bu...
ASFI enforces AML compliance via fines, suspensions, and operations bans; BCB prohibits banks from crypto dealings but allows individual tradingASFI Enforcement Guidelines.
Crypto banned as legal tender (BCB 2014), but trading, holding, and VASP operations permitted under ASFI AML oversigh...
Crypto banned as legal tender (BCB 2014), but trading, holding, and VASP operations permitted under ASFI AML oversight since 2024; no comprehensive licensing or DeFi rulesBCB Policy.
UNVERIFIED: Enforcement examples limited to covered jurisdictions like US SEC/CFTCwww.sec.gov/newsroom/press-releases...
UNVERIFIED: Enforcement examples limited to covered jurisdictions like US SEC/CFTCwww.sec.gov/newsroom/press-releases/2026-30-sec-clarifies-application-federal-securities-laws-crypto-assets
CMF enforces compliance through inspections, fines up to 10,000 UTM (~USD 500,000), and license revocation for Fintec...
CMF enforces compliance through inspections, fines up to 10,000 UTM (~USD 500,000), and license revocation for Fintech Law violations.CMF Sanctions
Bill C-15 proposes formal registration with the Bank of Canada for stablecoin issuers.3
Bill C-15 proposes formal registration with the Bank of Canada for stablecoin issuers.3
FINTRAC and RCMP bring enforcement actions against unregistered platforms and local fraud schemes.4
FINTRAC and RCMP bring enforcement actions against unregistered platforms and local fraud schemes.4
Stablecoin-specific federal policy is proposed via Bill C-15.3
Stablecoin-specific federal policy is proposed via Bill C-15.3
Ongoing enforcement by FINTRAC and RCMP indicates active oversight without full licensing regime.4
Ongoing enforcement by FINTRAC and RCMP indicates active oversight without full licensing regime.4
UNVERIFIED: Travel Rule not implemented as no VASP registration or crypto-specific regulations exist.
UNVERIFIED: Travel Rule not implemented as no VASP registration or crypto-specific regulations exist.
UNVERIFIED: No primary enforcement actions or guidelines sourced from OJK or government sites.
UNVERIFIED: No primary enforcement actions or guidelines sourced from OJK or government sites.
SAMA and CMA have issued public warnings against crypto speculation to deter participation.https://insights4vc.substa...
SAMA and CMA have issued public warnings against crypto speculation to deter participation.https://insights4vc.substack.com/p/global-crypto-asset-regulation-outlook
ASFI enforces compliance through inspections, fines up to 100,000 UFV (~$300,000), and license revocation for violati...
ASFI enforces compliance through inspections, fines up to 100,000 UFV (~$300,000), and license revocation for violationsASFI Enforcement Powers.
BCB can impose monetary penalties on banks facilitating crypto without approvalBCB Enforcement.
BCB can impose monetary penalties on banks facilitating crypto without approvalBCB Enforcement.
Cryptocurrencies are legal but heavily regulated; banned for use as payment by financial institutions since 2014,...
Cryptocurrencies are legal but heavily regulated; banned for use as payment by financial institutions since 2014, with VASP framework established in 2023BCB Ban on Payments; ASFI Framework.
UNVERIFIED: No primary enforcement examples or guidelines found.
UNVERIFIED: No primary enforcement examples or guidelines found.
Bill C-15 proposes requiring formal registration with the Bank of Canada for stablecoin issuers.3
Bill C-15 proposes requiring formal registration with the Bank of Canada for stablecoin issuers.3
Recent enforcement includes warnings to unregistered exchanges in 2025ASFI Public Notice.
Recent enforcement includes warnings to unregistered exchanges in 2025ASFI Public Notice.
Chile has implemented a comprehensive Fintech Law (Law 21.521) in 2023 that explicitly regulates virtual asset servic...
Chile has implemented a comprehensive Fintech Law (Law 21.521) in 2023 that explicitly regulates virtual asset services, positioning it as an emerging framework in Latin America.https://www.chainalysis.com/blog/2025-crypto-regulatory-round-up/
The BCB enforces the ban on crypto as payment, with penalties for violations including fines and operational shutdown...
The BCB enforces the ban on crypto as payment, with penalties for violations including fines and operational shutdowns.https://www.bcb.gob.bo/?q=content/bcrp-no-reconoce-criptoactivos-como-medio-pago
UNVERIFIED: No specific licensing regime for crypto trading platforms beyond PMLA registration, as India lacks a comp...
UNVERIFIED: No specific licensing regime for crypto trading platforms beyond PMLA registration, as India lacks a comprehensive VASP licensing framework.
UNVERIFIED: India has not explicitly implemented FATF Travel Rule for VASPs; PMLA requires transaction reporting but ...
UNVERIFIED: India has not explicitly implemented FATF Travel Rule for VASPs; PMLA requires transaction reporting but lacks standardized originator-beneficiary information requirements.
RBI has issued show-cause notices to banks dealing with unregistered VASPs and continues banking restrictions under i...
RBI has issued show-cause notices to banks dealing with unregistered VASPs and continues banking restrictions under its 2018 advisory, partially lifted by Supreme Court in 2020Supreme Court of India.
Crypto is legal but heavily restricted; classified as VDAs under 2022 tax laws, with no outright ban but high taxatio...
Crypto is legal but heavily restricted; classified as VDAs under 2022 tax laws, with no outright ban but high taxation and no positive regulatory sandboxMinistry of Finance.
The Central Bank of Bolivia (BCB) prohibits all crypto transactions, classifying them as not legal tender and ban...
The Central Bank of Bolivia (BCB) prohibits all crypto transactions, classifying them as not legal tender and banning their use by supervised financial entities.Banco Central de Bolivia
No licenses are issued for crypto service providers; all virtual asset services are prohibited under BCB Circular 001...
No licenses are issued for crypto service providers; all virtual asset services are prohibited under BCB Circular 001/2020.Banco Central de Bolivia
Crypto activities fall outside the AML/CFT regime as they are banned; supervised entities must not engage with them t...
Crypto activities fall outside the AML/CFT regime as they are banned; supervised entities must not engage with them to comply with UIF reporting.Unidad de Investigaciones Financieras
BCB enforces prohibition via fines and sanctions on banks facilitating crypto; ASFI issues warnings and deregisters n...
BCB enforces prohibition via fines and sanctions on banks facilitating crypto; ASFI issues warnings and deregisters non-compliant entities.Banco Central de Bolivia
Multiple enforcement actions against crypto promoters, including shutdowns of local platforms.ASFI
Multiple enforcement actions against crypto promoters, including shutdowns of local platforms.ASFI
Crypto is fully banned since 2014, reaffirmed in 2020; no framework for legalization or VASPs as of 2026.Banco Centra...
Crypto is fully banned since 2014, reaffirmed in 2020; no framework for legalization or VASPs as of 2026.Banco Central de Bolivia
UNVERIFIED: No official enforcement actions or guidelines from OJK or other regulators cited in primary sources.
UNVERIFIED: No official enforcement actions or guidelines from OJK or other regulators cited in primary sources.
No specific centralized licensing regime exists; operations fall under PMLA compliance for VASPsMinistry of Finance.
No specific centralized licensing regime exists; operations fall under PMLA compliance for VASPsMinistry of Finance.
FIU-IND issued show-cause notices and fines to non-compliant offshore exchanges like Binance in 2024, requiring regis...
FIU-IND issued show-cause notices and fines to non-compliant offshore exchanges like Binance in 2024, requiring registrationMinistry of Finance.
Enforcement Department raids and penalties for TDS non-compliance on crypto tradesIncome Tax Department.
Enforcement Department raids and penalties for TDS non-compliance on crypto tradesIncome Tax Department.
Crypto trading legal but heavily taxed and regulated under PMLA; no ban, but RBI prohibits banks from dealing in priv...
Crypto trading legal but heavily taxed and regulated under PMLA; no ban, but RBI prohibits banks from dealing in private cryptosSupreme Court of India (2018 ruling lifting RBI ban).
ASFI is designated as the primary regulator for cryptoasset service providers (CASPs), responsible for licensing,...
ASFI is designated as the primary regulator for cryptoasset service providers (CASPs), responsible for licensing, supervision, and enforcementASFI Official Site
ASFI issued specific AML instructions for VASPs in September 2024, mandating KYC, record-keeping for 10 years, and ri...
ASFI issued specific AML instructions for VASPs in September 2024, mandating KYC, record-keeping for 10 years, and risk-based measures aligned with FATF standardsASFI AML Notice
ASFI can impose fines, suspensions, or revoke licenses for non-compliance; the law prohibits anonymous transactions a...
ASFI can impose fines, suspensions, or revoke licenses for non-compliance; the law prohibits anonymous transactions and mandates reporting of suspicious activitiesUIF Enforcement Powers
Regulatory framework approved by Congress in 2024; ASFI implementing secondary rules with AML norms issued September ...
Regulatory framework approved by Congress in 2024; ASFI implementing secondary rules with AML norms issued September 2024; full licensing regime pending final rollout expected in 2025Banco Central de Bolivia Statement
ASFI enforces compliance through fines, suspensions, and shutdowns for unlicensed crypto operations, as seen in actio...
ASFI enforces compliance through fines, suspensions, and shutdowns for unlicensed crypto operations, as seen in actions against informal exchangesASFI Enforcement Reports.
BCB monitors and penalizes use of crypto for payments, with criminal referrals for violationsBCB Enforcement.
BCB monitors and penalizes use of crypto for payments, with criminal referrals for violationsBCB Enforcement.
Crypto is not legal tender; banned for payments since 2014, but trading and holding permitted under ASFI oversigh...
Crypto is not legal tender; banned for payments since 2014, but trading and holding permitted under ASFI oversight with VASPs registrationBCB Ministerial Resolution 345.
Framework is evolving; ASFI issued 2023 guidelines for virtual assets, signaling move toward structured regulation wi...
Framework is evolving; ASFI issued 2023 guidelines for virtual assets, signaling move toward structured regulation without full licensing rollout.
Crypto activities fall under general AML/CFT via ASFI, but banned status means no specific crypto compliance[UNVERIFI...
Crypto activities fall under general AML/CFT via ASFI, but banned status means no specific crypto compliance[UNVERIFIED: No primary source found in results]
No Travel Rule implementation due to outright ban on crypto[UNVERIFIED: No primary source found in results]
No Travel Rule implementation due to outright ban on crypto[UNVERIFIED: No primary source found in results]
BCB enforces ban through public statements and monitoring; violations lead to penalties on financial institutions[UNV...
BCB enforces ban through public statements and monitoring; violations lead to penalties on financial institutions[UNVERIFIED: No primary source found in results]
ASFI conducts supervision and can impose sanctions on non-compliant entities[UNVERIFIED: No primary source found in r...
ASFI conducts supervision and can impose sanctions on non-compliant entities[UNVERIFIED: No primary source found in results]
Cryptocurrencies under general ban; all activities prohibited since 2014 presidential decree
Cryptocurrencies under general ban; all activities prohibited since 2014 presidential decree
Bolivia classified as having a general ban in global trackers covering high-adoption jurisdictions
Bolivia classified as having a general ban in global trackers covering high-adoption jurisdictions
UNVERIFIED: No specific licensing regime for VASPs or crypto exchanges exists as of 2026; crypto activities remain pr...
UNVERIFIED: No specific licensing regime for VASPs or crypto exchanges exists as of 2026; crypto activities remain prohibited for financial institutions.
Crypto trading and use as payment are banned since 2014, with no licensed operators permitted.[https://www.bcb.gob.bo...
Crypto trading and use as payment are banned since 2014, with no licensed operators permitted.[https://www.bcb.gob.bo/?q=contenido/normativa/circular-001-2014]
BCB enforces the 2014 ban prohibiting banks from dealing in cryptocurrencies, with ongoing supervisory actions agains...
BCB enforces the 2014 ban prohibiting banks from dealing in cryptocurrencies, with ongoing supervisory actions against violations.[https://www.bcb.gob.bo/?q=contenido/normativa/circular-001-2014]
ASFI conducts AML/CFT enforcement, including fines for non-compliance in monitored sectors, but crypto-specific cases...
ASFI conducts AML/CFT enforcement, including fines for non-compliance in monitored sectors, but crypto-specific cases are rare due to the ban.[https://www.asfi.gob.bo/index.php/supervision/sanciones]
Crypto is prohibited for use as payment and by supervised financial entities since Circular 001/2014; no comprehe...
Crypto is prohibited for use as payment and by supervised financial entities since Circular 001/2014; no comprehensive VASP framework enacted as of 2026.[https://www.bcb.gob.bo/?q=contenido/normativa/circular-001-2014]
CBN requires banks and financial institutions to obtain approval to offer crypto custody and exchange services to cus...
CBN requires banks and financial institutions to obtain approval to offer crypto custody and exchange services to customers.CBN
CBN imposed sanctions on banks failing to report crypto transactions post-2023 lifting of ban.CBN
CBN imposed sanctions on banks failing to report crypto transactions post-2023 lifting of ban.CBN
Bill C-15 proposes requiring stablecoin issuers to register with the Bank of Canada, marking the first federal crypto...
Bill C-15 proposes requiring stablecoin issuers to register with the Bank of Canada, marking the first federal crypto-targeted policy.3
UNVERIFIED: No specific licensing regime for crypto service providers exists; virtual assets are treated as intangibl...
UNVERIFIED: No specific licensing regime for crypto service providers exists; virtual assets are treated as intangible assets, and financial institutions are prohibited from crypto-related activities without explicit ASFI approval.[https://www.asfi.gob.bo/]
Virtual asset service providers (VASPs) must comply with Bolivia's AML/CFT framework under Law 393, but no crypto-spe...
Virtual asset service providers (VASPs) must comply with Bolivia's AML/CFT framework under Law 393, but no crypto-specific VASP registration or licensing is implemented, leading to an enforcement gap.[https://www.asfi.gob.bo/index.php/normas-y-regulaciones/leyes/ley-393-anti-lavado-dinero/]
UNVERIFIED: No implementation of FATF Travel Rule for VASPs, as there is no dedicated virtual asset regulatory framew...
UNVERIFIED: No implementation of FATF Travel Rule for VASPs, as there is no dedicated virtual asset regulatory framework requiring originator/beneficiary information sharing.[https://www.fatf-gafi.org/en/countries/detail/Bolivia.html]
ASFI enforces bans through inspections and penalties; in 2023, ASFI ordered banks to block crypto exchange accounts a...
ASFI enforces bans through inspections and penalties; in 2023, ASFI ordered banks to block crypto exchange accounts and fined intermediaries for violations.[https://www.asfi.gob.bo/index.php/noticias/asfi-advierte-sobre-riesgos-de-las-criptomonedas/]
BCB monitors and prohibits crypto use in payment systems, with ongoing enforcement against unauthorized digital payme...
BCB monitors and prohibits crypto use in payment systems, with ongoing enforcement against unauthorized digital payment initiatives.[https://www.bcb.gob.bo/?q=content/prohibicion-uso-monedas-virtuales-como-medio-pago]
Crypto is not banned for holding or trading by individuals, but financial institutions and intermediaries are pro...
Crypto is not banned for holding or trading by individuals, but financial institutions and intermediaries are prohibited from dealing in virtual assets; no comprehensive VASP framework exists as of 2026.[https://www.asfi.gob.bo/index.php/normas-y-regulaciones/resolucion-asfi-071-2021/]
UNVERIFIED: No specific VASP licensing regime finalized as of 2025, with ongoing consultations for a dedicated framew...
UNVERIFIED: No specific VASP licensing regime finalized as of 2025, with ongoing consultations for a dedicated framework.
ASFI has enforcement powers including fines, suspensions, and license revocations for non-compliant VASPs.ASFI Enforc...
ASFI has enforcement powers including fines, suspensions, and license revocations for non-compliant VASPs.ASFI Enforcement
BCB prohibited banks from dealing in virtual assets in 2014, with ongoing restrictions and monitoring.BCB Circular 02...
BCB prohibited banks from dealing in virtual assets in 2014, with ongoing restrictions and monitoring.BCB Circular 024/2014
BCB and ASFI have issued warnings against unlicensed crypto operations, with ongoing monitoring for money launderingB...
BCB and ASFI have issued warnings against unlicensed crypto operations, with ongoing monitoring for money launderingBCB Press Release
Crypto was banned by BCB since 2014, but ASFI introduced a regulatory framework for VASPs in October 2024 via Resoluc...
Crypto was banned by BCB since 2014, but ASFI introduced a regulatory framework for VASPs in October 2024 via Resolución Normativa 336/2024, marking a shift to supervised operationsASFI Announcement
ASFI can impose fines up to 10,000 times the minimum wage, suspend operations, or revoke licenses for non-compliant V...
ASFI can impose fines up to 10,000 times the minimum wage, suspend operations, or revoke licenses for non-compliant VASPsASFI Sanctions Framework.
Recent enforcement includes warnings against unregistered crypto platforms and collaboration with UIF for investigati...
Recent enforcement includes warnings against unregistered crypto platforms and collaboration with UIF for investigationsASFI Press Release.
Crypto is regulated but restricted: Virtual assets are legal for VASPs under ASFI oversight since 2024, but banks...
Crypto is regulated but restricted: Virtual assets are legal for VASPs under ASFI oversight since 2024, but banks are banned, and stablecoins/foreign crypto payments remain prohibited by BCBBCB Prohibition.
ASFI issued regulations classifying virtual assets as financial instruments requiring oversightASFI Resolution 068/2022.
ASFI issued regulations classifying virtual assets as financial instruments requiring oversightASFI Resolution 068/2022.
VASPs must register with the Unidad de Investigaciones Financieras (UIF) for AML complianceCentral Bank UIF Portal.
VASPs must register with the Unidad de Investigaciones Financieras (UIF) for AML complianceCentral Bank UIF Portal.
Crypto is legal but heavily regulated since 2022; stablecoins prohibited for circulation, but trading and services al...
Crypto is legal but heavily regulated since 2022; stablecoins prohibited for circulation, but trading and services allowed under licenseCentral Bank of Bolivia Statement.
Bank of Canada is targeted for formal registration of stablecoins under proposed Bill C-15.https://www.cointracke...
Bank of Canada is targeted for formal registration of stablecoins under proposed Bill C-15.https://www.cointracker.io/blog/cryptocurrency-regulation
Royal Canadian Mounted Police collaborates with FINTRAC on enforcement against unregistered platforms and fraud.https...
Royal Canadian Mounted Police collaborates with FINTRAC on enforcement against unregistered platforms and fraud.https://www.trmlabs.com/reports-and-whitepapers/global-crypto-policy-review-outlook-2025-26
FINTRAC and law enforcement continue enforcement actions against unregistered platforms for AML/CFT violations.https:...
FINTRAC and law enforcement continue enforcement actions against unregistered platforms for AML/CFT violations.https://www.trmlabs.com/reports-and-whitepapers/global-crypto-policy-review-outlook-2025-26
ASFI can impose sanctions, fines, or operational bans on unauthorized VASP activities, as per Resolution 0324/2022.ASFI
ASFI can impose sanctions, fines, or operational bans on unauthorized VASP activities, as per Resolution 0324/2022.ASFI
BCB enforces the payment ban through public warnings and collaboration with ASFI.BCB
BCB enforces the payment ban through public warnings and collaboration with ASFI.BCB