The evolving global regulatory landscape for cryptocurrencies, emphasizing a shift from reactive to proactive, comprehensive frameworks outside the U.S. It details regional approaches, including Europe's MiCA as a harmonized standard, the UK's integration of crypto into existing financial laws, Canada's pioneering classification and licensing, and Asia-Pacific's diverse but focused consumer protection and AML/CFT efforts. The UAE's multi-jurisdictional strategy to become a digital asset hub, utilizing innovative models like "Sponsored Access," is also highlighted. Finally, the text discusses international bodies like FATF and FSB driving convergence on AML/CFT standards and prudential rules, noting the deepening regulation of DeFi, NFTs, and staking as key trends for 2025-2026.
