The Financial Services Commission's July 2024 supervision regulation calculates cold-wallet compliance based on quantities and average won conversion values over the preceding year, while requiring insurance or reserves for failures

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South Korea's Virtual Asset User Protection Act took effect on July 19, 2024, mandating that exchanges keep at least 80% of customer crypto assets in offline cold storage

Officials at the November 2, 2026 emergency meeting called by South Korea's Financial Services Commission reviewed access controls for IT systems, withdrawal signing arrangements for hot wallets, and administrator privileges across domestic exchanges

During the November 2, 2026 emergency meeting called by South Korea's Financial Services Commission, South Korean regulators urged exchanges to increase cold-wallet holdings, monitor transfers continuously, add response staff, report abnormal access, and build extra reserves

Binance stated it would cover its $6.3 billion hot-wallet losses from the Oct. 30, 2026 hack using its SAFU fund and corporate reserves

The Inland Revenue (Amendment) Bill 2026 incorporates the OECD's Crypto-Asset Reporting Framework, introduced in 2023, into Hong Kong tax law

South Korean ruling party lawmakers stated that the country should enact South Korea's Digital Asset Basic Act to establish regulatory rules before implementing taxation

Aave restricted tBTC lending after Threshold suspended redemptions

The November 2, 2026 SEC update on governance tokens represents nonbinding staff guidance rather than formal law or regulation, leaving open the possibility that future regulators interpret governance token control differently

The SEC staff guidance issued on November 2, 2026, explained how governance cryptocurrencies align with the SEC's March 2026 cryptocurrency framework

SEC staff guidance indicates that a crypto project may maintain central control if a company or small group holds unilateral power to alter network rules, restrict access, or override decisions

Operating without central control can qualify a cryptocurrency as a digital commodity rather than a security, subjecting it to different regulatory requirements

The WEF and BCG report identifies nine policy dimensions, including legal certainty, asset custody, monetary sovereignty, capital flows, and sanctions compliance.

Dubai's Virtual Assets Regulatory Authority issued a circular on October 6, 2026, establishing minimum audit requirements for Virtual Asset Service Provider Reserve Assets.

Dubai's Virtual Assets Regulatory Authority confirmed that appointing an external auditor does not transfer regulatory responsibility for safeguarding client virtual assets from the service provider.

Polygon Labs completed its acquisition of Coinme in October 2026, acquiring 37 state money-transmitter licenses and 11 exemptions across 48 US states.

The French Senate's crypto tax data sharing bill is based on the OECD's Crypto-Asset Reporting Framework (CARF).

The OECD's Crypto-Asset Reporting Framework sets common international standards for participating jurisdictions to collect and automatically exchange information on cryptocurrency transactions.

The Coinme deal provided Polygon with a Money Services Business registration with the Financial Crimes Enforcement Network (FinCEN).

The French Senate passed a bill on October 27, 2026, enabling tax authorities to automatically exchange cryptocurrency transaction data with international counterparts.

The Central Bank of Brazil introduced new regulatory requirements covering capital capacity, governance, auditing, customer asset safeguards, technology, and anti-money laundering controls.