Earlier this summer, the US Administration’s Working Group on Digital Asset Markets published a report, entitled Strengthening American Leadership in Digital Financial Technology. The Report contains recommendations for revising existing legislation and IRS guidance regarding trusts engaged in cryptocurrency staking, Code provisions that may deny recognition of gains or losses by active securities traders, and reporting requirements for participants in digital asset transactions and for the exchanges that facilitate such activities
Vietnam’s draft AI Law, released for public consultation, aims to establish a comprehensive governance framework by January 2026. It introduces phased implementation, risk-based classification, role-driven accountability, and obligations for general-purpose AI. The law promotes innovation through incentives and sandboxes, and enforces strict penalties for violations, including revenue-based fines. Businesses in high-risk sectors like finance and health will face increased scrutiny. Stakeholders are urged to submit feedback before the National Assembly’s session on 20 October 2025.
The Brazilian Data Protection Authority (ANPD) has become an autonomous regulatory agency with expanded powers under Provisional Measure No. 1.317/2025 and Decree No. 12.622/2025. It now oversees digital protections for children and adolescents, including enforcing court orders, setting security standards, and coordinating with other agencies. The ANPD can issue regulations, supervise entities, and ensure proportional obligations for tech providers, prioritizing children’s rights and data protection in digital environments.
Organizations domiciled in Colombia can now adopt the international standard ISO/IEC 42001:2023, which will make them among the first organizations in Latin America to have a certifiable standard for the responsible management of artificial intelligence (AI) systems.
On 25 September 2025, the Australian Government released draft legislation to regulate Digital Asset Platforms (DAPs) and Tokenised Custody Platforms (TCPs). The proposed law requires operators of these platforms to hold an Australian Financial Services Licence and comply with tailored disclosure, conduct, and licensing obligations. It aims to close regulatory gaps, enhance investor protection, and position Australia as a credible hub for digital asset innovation. Consultation on the draft closes on 24 October 2025.
Colombia has adopted ISO/IEC 42001:2023, becoming the first country in Latin America to implement a certifiable international standard for AI systems. This standard promotes responsible AI governance, transparency, and risk management. It aligns with Colombia’s national AI strategy and offers competitive advantages for organizations, including global recognition and regulatory compliance. The standard covers AI-specific risk assessment, operational controls, and integration with other ISO standards.
On 5 September 2025, the European Commission published the Draft Adequacy Decision recognizing Brazil as a country that ensures an adequate level of protection for personal data, pursuant to Article 45 of the General Data Protection Regulation (GDPR). This proposal marks the beginning of the formal procedure to authorize the transfer of personal data from the European Union to Brazil without the need for additional safeguards, effectively treating such transfers as equivalent to those occurring within the EU.
The week of July 14 to 18, 2025 marked a historic moment for the U.S. cryptocurrency industry, as the U.S. House of Representatives officially designated it “Crypto Week”. This initiative signalled a profound shift in how Washington approaches the burgeoning digital asset landscape, moving from cautious observation to active legislative engagement. While much of the attention landed on the GENIUS Act, it is also important to understand the implications of the CLARITY Act and the Anti-CBDC Act.
Singapore is considering age assurance measures for social media platforms to protect younger users online. These may include age verification systems to ensure age-appropriate content. The Online Safety Bill will be tabled soon, and a new commission to support victims of online harm is planned for next year. This aligns with global efforts to enhance digital safety for children.
The Ninth Circuit dismissed antitrust claims against Las Vegas hotels and software provider Cendyn, ruling that independent use of algorithmic pricing tools doesn’t constitute unlawful price-fixing under the Sherman Act. The court found no coordinated conduct or restraint of trade, diverging from the DOJ’s broader interpretation. While businesses may adopt pricing algorithms, they must avoid collusion. The decision sets key boundaries for antitrust liability in the context of AI-driven pricing strategies.