#CryptoRegulation Global Regulatory Frameworks

- The Financial Stability Board (FSB) has finalized a global regulatory framework for crypto-asset activities, emphasizing "same activity, same risk, same regulation". This aims to ensure consistent regulation and supervision across jurisdictions.

- The International Organization of Securities Commissions (IOSCO) has laid out 18 recommendations for global rules on managing crypto and digital assets.¹ ²

Regional Regulations

- *European Union (EU)*: The EU has introduced the Markets in Crypto-Assets Regulation (MiCA), requiring companies to obtain licenses and adhere to strict rules. BitGo has received a MiCA license, allowing it to operate across all 27 EU states.

- *United States*: The US has seen developments in crypto regulation, including the Financial Innovation and Technology (FIT) for the 21st Century Act. However, federal legislative efforts have stalled.

- *Asia*: Countries like Japan and South Korea are open to crypto use, with regulations varying across the region. Japan has toughened rules on sharing customer information between crypto exchanges, while South Korea is progressing with regulation for crypto and other virtual assets.