In 2026, global digital asset laws are transitioning to operational status, emphasizing stablecoin oversight, tokenized real-world assets, and tax compliance.

Key developments in February include shifts in the United States, China, and the United Arab Emirates. The United States is finalizing market structure and preparing to implement major federal digital asset laws. The proposed Clarity Act aims to differentiate commodities from securities, requiring registration with the CFTC and adherence to consumer protections.

Treasury Secretary Scott Bessent urges swift enactment of the bill before the 2026 midterm elections. China has intensified regulations on digital payments and tokenization projects. New rules ban unauthorized yuan-pegged stablecoins, both onshore and offshore, reinforcing the dominance of the state-backed e-CNY.

The regulations also impose strict oversight on tokenized real-world assets, with approval required for any tokenization involving onshore assets. Hong Kong is pursuing a regulated stablecoin program, while the UAE updates its crypto regulatory framework. The DFSA shifted token suitability assessments to authorized firms, and the CBUAE approved a dirham-backed stablecoin. These updates aim to enhance market flexibility and integrity for digital asset service providers.