Financial regulation
Rules or restrictions for financial institutions
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| June 2025 |
Financial Action Task Force blacklist
Croatia was removed from the grey list.
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| 2025 |
Corporate Enforcement Authority
The Corporate Enforcement Authority (CEA) faced public scrutiny due to media reports exposing a toxic workplace culture within the agency, which was impacting the effectiveness of white-collar crime investigations.
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| 2025 |
Corporate Enforcement Authority
The CEA announced plans to conduct a comprehensive cultural audit as part of its strategic planning for the 2026–2028 period, in direct response to the workplace culture allegations.
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| May 2025 | The U.S. Department of the Treasury's FinCEN issued a proposed rulemaking identifying Huione Group as a primary money laundering concern, seeking to restrict its access to the U.S. financial system. |
| 2025 | Countries like Armenia, Morocco, Rwanda committed to the Common Reporting Standard |
| February 2025 |
Financial Action Task Force blacklist
The Philippines was removed from the grey list.
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| January 2025 | Mark Carney stepped down from his role as Chair of the Group of Thirty to run for election in Canada. |
| 2024 | Countries like Georgia, Kenya, Moldova, Tunisia, Ukraine committed to the Common Reporting Standard |
| 2024 |
Legality of cryptocurrency by country or territory
The Federal Territories Islamic Religious Council announced that cryptocurrencies can be used to pay zakat, with a prescribed rate of 2.5%.
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| October 2024 |
Financial Action Task Force blacklist
Lebanon was added to the grey list.
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| July 2024 |
Legality of cryptocurrency by country or territory
Russia regulated cryptocurrency mining and allowed businesses to use cryptocurrencies in international trade while maintaining a ban on domestic cryptocurrency payments.
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| 2023 | Countries like Jordan, Montenegro, Thailand, Uganda committed to the Common Reporting Standard |
| 2023 |
Financial regulatory authorities by jurisdiction
Conclusion of the Financial Stability and Development Committee's operations in China.
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| 2023 |
Legality of cryptocurrency by country or territory
Prime Minister Sitiveni Rabuka of Fiji planned to make bitcoin legal tender.
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| 2023 |
Legality of cryptocurrency by country or territory
Tonga planned to make bitcoin legal tender by the end of the year.
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| July 25 2023 | CSA transitioned from SEDAR to SEDAR+, which consolidates the national Cease Trade Order and Disciplined List databases and introduces new features like extended operating hours, an integrated fee calculator, and a portal for filing exemptive relief applications. |
| June 2023 |
Financial Action Task Force blacklist
FATF released a report acknowledging Qatar's government-wide efforts to address money laundering and terrorist financing risks, highlighting improvements in law enforcement coordination and financial regulation.
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| April 2023 |
Legality of cryptocurrency by country or territory
The Central African Republic agreed to repeal the adoption of Bitcoin as legal tender.
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| March 2023 |
Legality of cryptocurrency by country or territory
Venezuela issues a temporary ban on all cryptocurrency mining due to concerns over corruption and embezzlement.
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| February 2023 |
Financial Action Task Force blacklist
Morocco was removed from the grey list. Albania, the Cayman Islands, Jordan, and Panama were also removed from the list.
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| February 2023 |
Financial Action Task Force blacklist
Russia's membership in the Financial Action Task Force (FATF) was suspended, reducing the member nations from 40 to 39.
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| 2022 | Several countries, including Belize, Bhutan, Chile, Dominica, Guyana, Myanmar, St. Vincent and Grenadines, and Vatican City, reported zero money laundering cases in 2022. |
| 2022 | Denmark recorded the second-highest money laundering cases per 100,000 people at 100.4. |
| 2022 | Belgium had a notably high rate of 47.8 money laundering cases per 100,000 people. |
| 2022 | Liechtenstein reported the highest money laundering cases per 100,000 people at 178.0, significantly higher than other countries in the dataset. |
| 2022 | Sweden ranked third with 141.8 money laundering cases per 100,000 people. |
| 2022 | Countries like Jamaica and Maldives committed to the Common Reporting Standard |
| 2022 | The OECD agreed the Crypto-Assets Reporting Framework for exchanging information on cryptocurrency and digital asset transactions. |
| December 2022 |
Legality of cryptocurrency by country or territory
Brazil establishes a licensing regime for virtual asset service providers, aiming to legalize crypto as a payment method.
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| December 15 2022 |
Legality of cryptocurrency by country or territory
Passage of the Law on Financial Sector Development and Strengthening, which listed all cryptocurrencies including Bitcoin as 'monitored financial technologies' subject to Bank Indonesia and Financial Services Authority control.
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| October 2022 |
Financial Action Task Force blacklist
Pakistan was removed from the grey list.
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| August 2022 |
Legality of cryptocurrency by country or territory
Taliban banned trading in cryptocurrencies in Afghanistan, effectively making cryptocurrency illegal in the country.
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| May 5 2022 |
Legality of cryptocurrency by country or territory
Central Bank of Argentina bans financial institutions from facilitating cryptocurrency-related transactions.
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| April 27 2022 |
Legality of cryptocurrency by country or territory
The cryptocurrency law was promulgated, officially establishing Bitcoin as legal tender in the Central African Republic.
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| April 22 2022 |
Legality of cryptocurrency by country or territory
Ukraine's Central Bank banned purchasing cryptocurrencies with local currency and set a monthly limit of $3300 for purchases with foreign currencies.
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| April 22 2022 |
Legality of cryptocurrency by country or territory
Parliament of the Central African Republic voted for the cryptocurrency law, making Bitcoin a legal tender in the country.
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| March 2022 |
Financial Action Task Force blacklist
United Arab Emirates was added to the grey list, while Zimbabwe was removed.
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| March 2022 |
Legality of cryptocurrency by country or territory
UK Financial Conduct Authority (FCA) declared all cryptocurrency ATMs illegal due to failure to register and comply with know your customer laws.
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| March 16 2022 |
Legality of cryptocurrency by country or territory
The president of Ukraine signed the Virtual Asset Bill into law.
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| February 2022 |
Legality of cryptocurrency by country or territory
The Russian government announced they would support, legalize, and regulate cryptocurrencies instead of banning them.
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| February 24 2022 |
Commodity market
Russian Invasion of Ukraine begins, which substantially exacerbated global commodity market inflation and disrupted energy markets.
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| January 2022 |
Legality of cryptocurrency by country or territory
Kosovo outlawed all cryptocurrency mining during an energy crisis, with mining being particularly popular among ethnic Serbs in northern areas.
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| January 2022 |
Legality of cryptocurrency by country or territory
The Central Bank of Russia proposed a comprehensive ban on cryptocurrency issuance and operations, citing systemic financial risk.
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| January 2022 |
Legality of cryptocurrency by country or territory
Erik Thedéen, vice-chair of the European Securities and Markets Authority, called for an EU ban on proof-of-work cryptocurrency mining to promote proof-of-stake models and address climate change concerns.
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| 2021 | Cybercriminals secured US$14 billion in cryptocurrency through illicit activities, highlighting the rise of digital asset-related money laundering. |
| 2021 |
Corporate Enforcement Authority
The Companies (Corporate Enforcement Authority) Act 2021 was enacted, establishing the legal framework and powers for the Corporate Enforcement Authority (CEA).
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| 2021 |
Financial Action Task Force blacklist
Ghana was officially delisted from the grey list after completing its action plan and passing an on-site assessment.
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| 2021 | Countries like Albania, Ecuador, Kazakhstan committed to the Common Reporting Standard |
| 2021 | The OECD agreed an International Exchange Framework for information held by Digital Platforms, requiring reporting on sellers in various service sectors. |
| 2021 |
Legality of cryptocurrency by country or territory
Vanuatu officially legalized cryptocurrencies.
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This contents of the box above is based on material from the Wikipedia articles Canadian Securities Administrators, Legality of cryptocurrency by country or territory, Money laundering, List of financial regulatory authorities by jurisdiction, Commodity market, Financial Action Task Force blacklist, Global Forum on Transparency and Exchange of Information for Tax Purposes, Group of Thirty & Corporate Enforcement Authority, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.