UNDERSTANDING THE FRAMEWORKS

AMERICAS REGULATION

The US leads with the GENIUS Act for stablecoin regulation and CLARITY Act for digital asset market structure. Brazil advances comprehensive crypto legislation through Law 14.478, while Canada develops its stablecoin framework integrating digital assets into federal and provincial regulatory structures.

Regulatory Frameworks

GENIUS ACT ACTIVE
United States Signed Jul 2025
Federal stablecoin regulation framework
The Guiding and Establishing National Innovation for US Stablecoins Act creates a federal licensing pathway for payment stablecoin issuers. It establishes 1:1 reserve requirements, consumer protection standards, and allows both federal and state regulatory options for issuers.
CLARITY ACT ACTIVE
United States Signed Jul 2025
Digital asset market structure (CFTC/SEC)
The Clarity for Payment Stablecoins Act defines jurisdictional boundaries between the SEC and CFTC for digital assets. It provides a clear framework for determining when digital assets qualify as commodities versus securities, offering regulatory certainty for market participants.
LAW 14.478 PENDING
Brazil Effective Jun 2023
Crypto service provider regulation
Brazil's Legal Framework for Virtual Assets establishes licensing requirements for crypto service providers operating in the country. The Central Bank of Brazil oversees implementation, with a focus on consumer protection, AML compliance, and integration with the existing financial system.
STABLECOIN FRAMEWORK PROPOSED
Canada Draft Oct 2024
Federal + provincial stablecoin oversight
Canada's proposed framework integrates stablecoin regulation into existing federal and provincial structures. It leverages OSFI oversight for federally regulated institutions and provincial securities commissions for other issuers, ensuring comprehensive coverage across the Canadian financial system.

Official Resources

Direct access to regulatory documentation, guidance, and analysis