Cryptocurrency

Updated: March 30, 2026

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PwC’s Global Crypto Regulation Report 2026

The PwC Global Crypto Regulation Report 2026 explores the rapidly evolving regulatory landscape for digital assets, with a particular focus this year on stablecoins – their issuance models, reserve and redemption requirements, and supervisory frameworks – alongside key policy shifts and emerging trends in over 50 jurisdictions. This latest edition examines how policymakers are refining approaches to mitigate risks while enabling responsible innovation across the digital asset ecosystem.

PwC’s Global Crypto Regulation Report 2026

 

 

The United States’ Securities and Exchange Commission (SEC), in coordination with the Commodity Futures Trading Commission (CFTC), has issued a landmark joint interpretative release (Release Nos. 33-11412 / 34-105020, dated 17 March 2026) providing comprehensive guidance on the application of U.S. federal securities laws to crypto-assets. This release was preceded by a formal Memorandum of Understanding (MOU) between the SEC and CFTC dated 11 March 2026, which establishes the institutional architecture for inter-agency coordination and supersedes the prior 2018 MOU.

Read more: An EU view on the SEC-CFTC joint interpretative release and MOU on crypto-assets

 

The landscape for reporting issuers with crypto-asset activities continues to evolve. The Canadian Public Accountability Board (CPAB) recognizes that this evolving landscape creates challenges for both reporting issuers and audit firms in the sector. This publication provides insights and illustrative examples into common inspection findings for auditors of crypto-asset reporting issuers, outlines good practices observed in audit files without findings and highlights some emerging risks.

As of February 2024, there were 72 Canadian reporting issuers in the crypto-asset industry audited by 26 public accounting firms registered with CPAB. The chart below indicates the primary area of specialization in which these reporting issuers operate.

Read more: Crypto assets inspections insights 

Policy Gaps, Enforcement Challenges & Strategic Recommendations

The taxation of crypto assets in Canada is currently governed by legacy frameworks that were not designed to accommodate the complexities of decentralized digital finance. While the Canada Revenue Agency (CRA) has issued basic guidance on cryptocurrency transactions, the rapid evolution of blockchain technology — including decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs) — has outpaced the existing tax framework, leaving significant gaps in clarity, consistency, and enforceability.

This white paper addresses the urgent need to update Canada’s tax framework for crypto assets in light of rapid advancements in blockchain technology. Identifying critical gaps in current CRA guidance and enforcement, it offers strategic recommendations to foster compliance, support innovation, and position Canada as a leader in the digital economy.

Read more: Modernizing crypto asset taxation in Canada 

IAASB Digital Technology Market Scan: Digital Assets.
Welcome to the seventh Market Scan from the IAASB's Disruptive Technology team. Building on our ongoing work, we will issue a Market Scan every 2-3 months. Market Scans cover exciting trends, including new developments, corporate and start-up innovation, noteworthy investments and what it all might mean for the IAASB.

In this Market Scan, we explore Digital Assets, with a focus on recent developments within the Cryptocurrency market and what it might mean for the audit and assurance ecosystem. Future Market Scans will build on this area by focusing on related technologies, such as blockchain and smart contracts.
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