Policy & compliance
Crypto & DeFi regulation
Decentralized Finance Publication’s regulation hub summarises policy affecting DeFi and stablecoins — including MiCA, the US GENIUS Act, and major licensing regimes — with links to evergreen explainers and related news coverage. This is an educational overview only; not legal or financial advice.
MiCA (EU)
Markets in Crypto-Assets regulation entered enforcement in 2024–2025, requiring CASP licensing for exchanges and stablecoin issuers operating in the EU.
GENIUS Act (US)
The US stablecoin legislative framework progressed in 2025–2026, defining reserve requirements and issuer oversight for payment stablecoins.
Hong Kong licensing
Hong Kong's SFC licensing regime for virtual asset trading platforms and stablecoin issuers expanded in 2025–2026.
Dubai VARA
Dubai's Virtual Assets Regulatory Authority continues licensing crypto exchanges and token issuers in the UAE.
DeFi protocol liability
Regulators increasingly scrutinise whether front-end operators, DAO contributors, and protocol founders bear liability for user losses.
RWA tokenisation
Tokenised treasuries and private credit crossed $20B+ in 2025–2026, raising securities law questions across jurisdictions.
Evergreen explainers
Related news coverage
Compare stablecoin regulatory models
See how USDC, USDT, DAI, and USDe differ on reserves, governance, and decentralisation.