Independent intelligence
RCA tracks the SEC's proposed crypto-asset framework, MiCA in force across the EU and the UK's activity-based regime — then maps the issuer evidence institutions actually need to act on them.
Live coverage
Intelligence
Long-form research on the rules reshaping regulated digital-asset markets.
A practical analysis of the proposed offering exemptions, disclosure architecture and conditional transition safe harbour—and the operational evidence issuers would need to prepare.
Tokenised private credit and fund structures publish less about their controlling entities than their traditional equivalents. The gap is structural.
With the framework in force, attention moves from perimeter debates to the comparability and quality of what issuers actually publish.
RCA Policy Monitor
Each record states jurisdiction, framework, regulated activities, status and source — with no regulatory determination implied.
A proposed offering framework with conditional exemptions and a bespoke disclosure architecture for token issuers. Proposal stage only — no final rule text is in effect.
Updated 28 Aug 2026
An activity-by-activity regime being brought into effect in phases, covering trading platforms, custody, staking and stablecoin issuance.
Updated 26 Aug 2026
A comprehensive issuance and service-provider framework now in force, with attention shifting to disclosure quality and supervisory practice.
Updated 25 Aug 2026
An operating framework for virtual asset service providers with activity-based permissions and jurisdiction-specific supervisory arrangements.
Updated 22 Aug 2026
A licensing and financial-crime framework covering digital token service provision, including services provided from the jurisdiction to overseas markets.
Updated 18 Aug 2026
A framework recognising ledger-based securities and providing a trading-facility category for tokenised instruments.
Updated 15 Aug 2026
RCA Issuer Registry
Issuer profiles reconcile registry records, disclosures and on-chain observation, with provenance attached to every field.
Tokenised private credit
Last reviewed 26 Aug 2026
Tokenised treasury strategy
Last reviewed 24 Aug 2026
Network token / settlement infrastructure
Last reviewed 21 Aug 2026
RCA Transparency Index
An evidence-coverage measure — not a rating of quality, safety or regulatory standing.
By sector
By region
Research
Structured research on market structure, disclosure practice and regulatory implementation.
Coverage of entity, ownership and technical evidence across reviewed issuers.
How white papers and reserve reporting differ in structure across the EU.
Activity-by-activity sequencing and what firms should prepare next.
For Institutions
Banks, asset managers, exchanges, law firms and regulators use RCA to shorten the path from public record to defensible conclusion.
Reconciled entity evidence with source provenance.
Activity mapping against live and proposed regimes.
Comparable disclosure data across sectors and regions.
Neutral records of rulemaking and implementation.
Data & Methodology
RCA classifies evidence as public filing, company registry, issuer disclosure, third-party audit or on-chain observation — and states when it was last reviewed.
Source class
Public filing
Source class
Company registry
Source class
Issuer disclosure
Source class
Third-party audit
Source class
On-chain observation
The RCA Briefing
Policy movement, issuer disclosure changes and the research behind them — written for professionals, without hype.
About RCA
RCA publishes analysis and structured records. It does not rate, endorse or certify any issuer, asset or offering.
Regulated Crypto Assets is an independent publication and intelligence platform. It is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission, the Financial Conduct Authority, any EU institution, or any other government body. Information is provided for general research purposes only and does not constitute legal, tax, investment, accounting, or regulatory advice.