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2025 Annual Report

Read the GDF 2025 Annual Report, “A Year of Historic Milestones for Crypto and Digital Assets: Stablecoins and RWA Tokenization Scale at Pace” has just been released.

The GDF membership and community rose to the challenge of the 2025 crypto and digital assets markets with its hallmark fervor balanced by its prolific work ethic and high standards to deliver a record-breaking performance:

  • 44 regulatory consultation responses across the globe
  • 11 member-led, working group and “trades” reports
  • 86 events attended and delivered.

Member contributions include our 5 Regional Policy and Regulatory Working Groups, with global agency insights provided by IOSCO, the FSB, the FATF, the Bank of England, the European Commission, the Dubai FSA, VARA, and ADGM.

Member submissions include Binance, BitOasis, Block, Circle, Deus X Pay, Fireblocks, Global Ledger, GSR, Hogan Lovells, Latham & Watkins, Mesh, OKX, Ownera, Solidus Labs, Standard Chartered, Ripple, Taurus, Terminal 3, TRM Labs, XREg, and Zodia Custody.

Partner submissions include the ACI FMA, ADAN, the Cambridge Centre for Alternative Finance, Central Bank Payment News, the Crypto Council for Innovation, the European Blockchain Convention, the Fintech Foundation, FINTECHTV, GLEIF, ISDA, and Worldwide Business Research.