Crypto Regulation to Take Global Shape in 2026, PwC Says

Crypto regulation is advancing globally in 2026 as draft laws become enforceable across major jurisdictions, according to PwC’s Global Crypto Regulation Report. The shift from debate to implementation will drive competition among countries to attract capital and institutional investment, with transparency and compliance shaping market leadership. The report highlights growing cross-border coordination to strengthen financial integrity, combat crime, and protect investors, accelerating institutional adoption of digital assets. In the EU, firms are adapting to MiCA requirements for authorization, reserves, and governance, while preparations for a digital euro continue amid U.S. opposition to central bank digital currencies (CBDCs). The U.S. remains focused on stablecoin-backed payments and dollar dominance, despite delays in the CLARITY Act over banking concerns. The U.K. is moving toward full authorization of crypto activities under FSMA, with joint oversight by the FCA and Bank of England for payment stablecoins. The UAE and Switzerland are also strengthening their regulatory frameworks. PwC notes rising compliance costs but sees clearer rules enabling new products, banking access, and deeper institutional involvement.