Relevant Laws and Regulations Across Various Countries

Here are links to the relevant laws and regulations regarding digital assets across various countries, we will continue to add onto this list so that our members are well informed:

1. United States (Wyoming Digital Asset Law): Wyoming has pioneered legislation recognizing digital assets as property, providing clarity for cryptocurrencies and tokenized assets. More information on Wyoming’s 2019 Digital Asset Law can be found here: Wyoming Digital Asset Law​ (WyoLeg).

2. European Union (Markets in Crypto-Assets Regulation, MiCA): MiCA is a comprehensive regulation that provides legal certainty around crypto assets across the EU. It covers areas like stablecoins, tokens, and more. Learn more about MiCA here: MiCA Regulation​ (Wikipedia).

3. Singapore (Payment Services Act): The Monetary Authority of Singapore regulates digital assets and cryptocurrency exchanges under the Payment Services Act, focusing on anti-money laundering and counter-terrorism financing. You can explore the act here: Monetary Authority of Singapore – PSA.

4. Japan (Payment Services Act 2017): Japan was one of the first countries to recognize and regulate cryptocurrencies under the Payment Services Act. For more details: Japan Payment Services Act.

5. Switzerland (Blockchain Act): Switzerland’s Blockchain Act regulates the transfer of tokenized securities and recognizes digital assets as personal property. Learn more about this law here: Swiss Blockchain Act.

6. Malta (ITA) : The Innovative Technology Arrangements Act (ITA) of Malta is a groundbreaking piece of legislation designed to regulate the use of innovative technologies, including blockchain and distributed ledger technology (DLT), within the country. The ITA aims to create a conducive environment for the development and adoption of these technologies, fostering innovation and attracting businesses to Malta. ITA

7. UAE (Virtual Asset Regulatory Authority) : The Virtual Asset Regulatory Authority (VARA) is a regulatory body established by the Government of Dubai to oversee and regulate virtual assets, including cryptocurrencies and blockchain-based technologies. It aims to create a conducive environment for the growth and development of the virtual asset sector in Dubai and the UAE. VARA

8. France (DAE): The Digital Assets and Electronic Money Act (DAE) of France is a comprehensive piece of legislation designed to regulate the use of digital assets and electronic money within the country. The DAE aims to create a legal framework for these innovative technologies while ensuring consumer protection and preventing illicit activities. DAE

9. Germany (ZAG): The Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz, ZAG) is a German law that regulates the provision of payment services within the country. It aims to ensure the safety and security of payment transactions, protect consumers, and prevent financial crime. ZAG 

10. United Kingdom (PSR) : The Payment Services Regulations (PSR) are a set of regulations in the United Kingdom that govern the provision of payment services. They aim to ensure the safety and security of payment transactions, protect consumers, and prevent financial crime. PSR

11. Canada (PCMLFA): The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLFA) is a Canadian law that aims to prevent money laundering and terrorist financing. It applies to a wide range of financial institutions and businesses, including those involved in the cryptocurrency industry. PCMLFA

12. Australia (AML/CTF Act): The Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF Act) is a comprehensive Australian law that aims to prevent money laundering and terrorist financing. It applies to a wide range of businesses and financial institutions, including those involved in the cryptocurrency industry. AML/CTF

These regulations reflect the growing global recognition of digital assets as property, providing clarity and legal protection for owners.