Topics · Safeguards · Integrity and protection
Data privacy and digital identity.
Crypto firms collect a lot of identity data to meet anti-money-laundering rules, so privacy law applies with full force.
Digital identity schemes and eKYC standards decide how smoothly users can onboard.
By market · 6 sources across 5 markets
East Asia
China1 source
A Joint Meeting convened to Curb Speculations in Virtual Currency Trading
States that stablecoins are a form of virtual currency that cannot meet KYC and AML requirements, foreshadowing the stablecoin clauses of Notice No. 42.
Read the original
ChinaSoutheast Asia
Philippines1 source
Memorandum No. M-2026-023: Coin/Token Listing Guidelines
Requires VASPs to vet tokens on six pillars, from issuer background to reserves, and to set delisting triggers. Bans listing of privacy coins.
Read the original
Thailand1 source
SEC advances five key measures to curb illicit funds and combat mule accounts and investment scams as a national agenda
Tightens KYC, enhanced due diligence and suspicious transaction reporting across securities and digital asset operators to counter mule accounts and scams.
Read the original
Philippines
ThailandSouth Asia
India2 sources
AML and CFT Guidelines for Reporting Entities Providing Services Related to Virtual Digital Assets
FIU-IND's updated rulebook for VDA service providers, first issued in 2023. Covers registration, KYC, travel rule, record-keeping and suspicious transaction reporting.
Read the originalCustomer Due Diligence for transactions in Virtual Currencies (VC), RBI/2021-22/45
Confirmed the 2018 circular is no longer valid after IAMAI v RBI. Banks may serve crypto clients but must apply normal KYC, AML and FEMA due diligence.
Read the original
IndiaMiddle East
UAE1 source
ADGM FSRA implements amendments to its Digital Asset Regulatory Framework
Moves to firm-led assessment of Accepted Virtual Assets with prior notice to the FSRA, aligns capital with the same activity in traditional assets, adds a product intervention power and codifies the ban on privacy tokens and algorithmic stablecoins, following Consultation Paper No. 11 of 2024.
Read the original
UAENo dedicated rule found yet in 26 markets:
