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|

Licensing

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

Bahrain's Crypto Regulation: The Gulf Pioneer and CBB's Pragmatic Framework

Bahrain became one of the first Gulf states to regulate cryptocurrency exchanges when the Central Bank of Bahrain issued its crypto asset module in 2019 — positioning the island kingdom as a Gulf FinTech hub.

Donovan Vanderbilt · February 24, 2026 · 6 min read

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

VARA (Virtual Assets Regulatory Authority — Dubai)

VARA's establishment under Dubai Law No. 4 of 2022, its seven licence categories, the world-first DeFi regulatory track, and major licensees including Bybit and Binance.

Donovan Vanderbilt · February 24, 2026
Premium Intelligence

Full access to policy analysis, legislative trackers, country benchmarks, and political economy deep-dives.

Subscribe →