Top Financial Regulators Driving Global Crypto Standards
Humpy Adepu
Financial Stability Board (FSB): Coordinates global crypto risk frameworks, focusing on stablecoins, systemic risks, and cross-border regulatory consistency among member nations.
U.S. Securities and Exchange Commission (SEC): Enforces securities laws on crypto assets, shaping token classification, disclosures, compliance standards, and investor protection policies worldwide.
European Securities and Markets Authority (ESMA): Leads MiCA implementation, creating unified crypto regulations across EU markets for exchanges, issuers, stablecoins, and custodians.
Bank for International Settlements (BIS): Researches crypto impact on monetary systems, promotes central bank cooperation, and develops guidelines for digital assets and CBDCs.
Financial Action Task Force (FATF): Sets global anti-money laundering rules, including Travel Rule compliance for crypto exchanges and virtual asset service providers.
UK Financial Conduct Authority (FCA): Regulates crypto promotions, licensing, consumer safeguards, and stablecoin oversight while influencing global compliance best practices.
Monetary Authority of Singapore (MAS): Balances innovation and regulation, licensing crypto firms, enforcing safeguards, and influencing Asia-Pacific digital asset standards.
Japan Financial Services Agency (JFSA): Implements strict exchange oversight, custody requirements, and consumer protections shaping mature crypto regulatory frameworks.
International Organization of Securities Commissions (IOSCO): Develops global policy recommendations aligning crypto markets with traditional securities regulation principles.