The Crypto Compliance Report Q2 2026

Author:
Andreas Katelari
Senior Compliance Officer

Here’s what you need to know.

During Q2 2026, global crypto regulation entered a new phase as jurisdictions increasingly shifted their focus from policy development to supervisory implementation and enforcement.

The European Union entered the enforcement phase of the Markets in Crypto-Assets Regulation (MiCA), while the United Kingdom advanced its cryptoasset regulatory framework through the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026, signalling a move beyond AML registration towards a comprehensive financial services regulatory regime. Switzerland strengthened its AML/CFT regime through reforms to beneficial ownership transparency and supervisory expectations ahead of its forthcoming FATF Mutual Evaluation, while the United States focused on payment stablecoin AML obligations and continued enforcement against crypto-enabled financial crime.

At the international level, the Financial Action Task Force (FATF) reinforced expectations regarding the effective implementation of AML/CFT standards for virtual assets, including the supervision of Virtual Asset Service Providers (VASPs), the Travel Rule and risks associated with stablecoins and unhosted wallets.

Collectively, these developments reflect a clear global trend: regulators are moving beyond establishing crypto regulatory frameworks towards supervising implementation, strengthening enforcement and aligning digital asset regulation with broader financial crime, prudential and conduct standards.

This quarterly update summarises significant re gulatory, legislative and supervisory developments affecting cryptoasset businesses and financial institutions between 1 April and 30 June 2026. It is intended to support compliance professionals in understanding emerging regulatory expectations and assessing their potential impact on AML/CFT and broader financial crime compliance programmes.