CertiK's latest report, "State of Digital Asset Regulation 2026," reveals a significant shift in global regulatory focus towards anti-money laundering (AML) enforcement. As of April 2026, major jurisdictions like the U.S., EU, Hong Kong, and Singapore have largely implemented comprehensive compliance frameworks. The report notes that AML enforcement has overtaken securities classification as the primary regulatory risk, with fines exceeding $900 million in the first half of 2025. Smart contract security audits are now mandatory for licensing and token listings, reflecting their evolution from best practices to regulatory requirements. Additionally, global stablecoin regulations are aligning around principles such as full reserve backing, though jurisdictional disparities remain a challenge. CertiK emphasizes that the industry's focus has shifted to rapidly building compliance capabilities, with multi-jurisdictional licensing and ongoing security audits becoming essential for institutional growth.