TOKENIZATION POLICY
The Vanderbilt Terminal for Digital Asset Policy & Regulation
INDEPENDENT INTELLIGENCE FOR TOKENIZATION POLICY, LEGISLATION & POLITICAL ECONOMY
GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91| GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91|

Crypto

AMF (Autorité des Marchés Financiers — France)

AMF's PSAN regime for crypto asset service providers, the transition to MiCA CASP licensing, and France's active role in EU regulatory development.

Donovan Vanderbilt · February 24, 2026

Basel III Crypto-Asset Exposure Rules

The Basel Committee's December 2022 crypto capital standards, covering Group 1 tokenized assets, Group 2 speculative crypto with 1250% risk weight, and implementation across G20 bank supervisors.

Donovan Vanderbilt · February 24, 2026

Crypto Enforcement Action Tracker

Tracking major regulatory enforcement actions against digital asset firms — SEC, CFTC, OFAC, FCA, ESMA, and international authorities.

Donovan Vanderbilt · February 24, 2026 · 5 min read

FINMA (Swiss Financial Market Supervisory Authority)

FINMA's principles-based approach to crypto regulation, including its 2018 ICO guidelines, three-category token classification, and DLT Act implementation.

Donovan Vanderbilt · February 24, 2026

IOSCO (International Organization of Securities Commissions)

IOSCO's 2023 crypto and DeFi policy recommendations, coordination with FSB and FATF, and how IOSCO guidance translates into national securities regulator action.

Donovan Vanderbilt · February 24, 2026

OECD CARF (Crypto-Asset Reporting Framework)

The OECD's Crypto-Asset Reporting Framework adapts the Common Reporting Standard to crypto, requiring 75+ jurisdictions to exchange data on crypto holdings and transactions from June 2027.

Donovan Vanderbilt · February 24, 2026

SFC (Securities and Futures Commission — Hong Kong)

SFC's mandatory VATP licensing regime, the JPEX enforcement incident, the ASPIRe Roadmap's five pillars, and SFC's coordination with HKMA and HKEX.

Donovan Vanderbilt · February 24, 2026

Systemic Risk and Crypto: From 2022 Contagion to FSB Frameworks

The 2022 crypto market collapse — $2 trillion in losses, Terra/Luna, Celsius, Three Arrows Capital, FTX — demonstrated crypto's systemic risk potential. The policy response has been the FSB's high-level recommendations and MiCA's stablecoin provisions.

Donovan Vanderbilt · February 24, 2026 · 8 min read
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