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Global Crypto Atlas

How we calculate

The Atlas does not argue that more or less regulation is better. It shows what exists, with verifiable indicators.

GCRI

  • Methodology version: 1.0 (31/10/2026). Maximum score: 100.
  • Formula: GCRI = sum of the points of conditions with "yes" evidence. Each condition has fixed, published points.
  • A condition only scores with documentary evidence: document, body, date, official URL and check date.
  • Without evidence, the condition is "not assessed". A country only gets a score and rank when every condition has been assessed.
  • No score is assigned by artificial intelligence. Evidence changes require an official source and are kept in the data version history.
  • Bloc-level evidence (e.g., an EU regulation) applies to member states and is marked as such.
  • The index measures the documented existence of rules, not the quality, effectiveness or desirability of regulation.

Level

  • Level 0 · Restrictive / prohibitive · documented prohibition
  • Level 1 · Incipient regulation · 0–24
  • Level 2 · Partial regulation · 25–49
  • Level 3 · Established framework · 50–74
  • Level 4 · Comprehensive and operational regulation · 75–100

Adoption is a separate index and never enters the GCRI. It is shown only when a verifiable source exists.

Structured data (JSON) ↗

Criteria and weights

#Criteria and weightsVerifiable conditionspoints
01Legal framework (20)A statute or regulation with force of law, specific to virtual assets/crypto assets, published and in force. marco.lei12
The rule defines virtual asset/crypto asset or refers to an official definition. marco.def4
A rule designates the competent authority to regulate and supervise the sector. marco.autoridade4
02Licensing / supervision (15)Virtual-asset service providers need authorization, a license or registration to operate. licenca.exige10
A rule in force sets out the authorization procedure. licenca.proc5
03Consumer protection (10)A rule requires segregation between the firm's assets and clients' assets. consumidor.segregacao5
A rule requires risk disclosure to clients. consumidor.riscos5
04AML / KYC (10)Providers are covered by anti-money-laundering legislation. aml.lei6
A rule requires AML/CFT policies and controls from providers (including client identification). aml.kyc4
05Stablecoins (10)A rule defines stablecoins / tokens referenced to a currency or asset. stable.def4
A rule sets specific rules for issuing, offering or operating with stablecoins. stable.regime6
06Taxation (10)The tax authority publishes an official rule or guidance on gains from crypto assets. trib.regra6
There is an obligation to report crypto-asset operations to the tax authority. trib.reporte4
07Custody (5)A rule addresses the custody of virtual assets/private keys by providers. custodia.regra5
08DeFi / Web3 (5)A rule or official guidance expressly addresses decentralized finance or smart contracts. defi.trata5
09Tokenization / RWA (5)A rule or official guidance addresses tokens linked to real assets or tokenized securities. rwa.trata5
10Institutional clarity (10)The division of responsibilities between authorities is defined in a rule. clareza.comp5
An authority publicly discloses a register of, or acts concerning, authorized providers or providers seeking authorization. clareza.publico5