Policy Reference

United States

Explore US crypto laws, including SEC and CFTC oversight, exchange rules, taxes, AML compliance, and digital asset regulation.

SEC and CFTC, with FinCEN for AML/MSB obligations

State Explorer

United States state crypto law tracker

Track state-level crypto legislation, strategic reserve proposals, licensing regimes, and enforcement frameworks.

50States tracked 41With profiles
Interactive United States map showing state-level crypto law coverage status.
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Alabama AL In progress 1 profile Alaska AK In progress 0 profiles Arizona AZ Active framework 4 profiles Arkansas AR Active framework 3 profiles California CA Comprehensive framework 3 profiles Colorado CO Active framework 2 profiles Connecticut CT Active framework 2 profiles Delaware DE Active framework 3 profiles Florida FL Active framework 3 profiles Georgia GA Active framework 3 profiles Hawaii HI Active framework 0 profiles Idaho ID In progress 2 profiles Illinois IL Comprehensive framework 5 profiles Indiana IN Active framework 1 profile Iowa IA Active framework 3 profiles Kansas KS Active framework 2 profiles Kentucky KY Active framework 0 profiles Louisiana LA Comprehensive framework 3 profiles Maine ME In progress 2 profiles Maryland MD Active framework 3 profiles Massachusetts MA In progress 3 profiles Michigan MI Active framework 3 profiles Minnesota MN Active framework 2 profiles Mississippi MS Active framework 0 profiles Missouri MO Active framework 1 profile Montana MT Active framework 2 profiles Nebraska NE Active framework 3 profiles Nevada NV Active framework 2 profiles New Hampshire NH Active framework 2 profiles New Jersey NJ In progress 0 profiles New Mexico NM Active framework 0 profiles New York NY Comprehensive framework 5 profiles North Carolina NC Active framework 5 profiles North Dakota ND Active framework 1 profile Ohio OH In progress 5 profiles Oklahoma OK In progress 6 profiles Oregon OR Active framework 0 profiles Pennsylvania PA Active framework 2 profiles Rhode Island RI Active framework 1 profile South Carolina SC Active framework 1 profile South Dakota SD Active framework 3 profiles Tennessee TN Active framework 4 profiles Texas TX Active framework 4 profiles Utah UT Active framework 2 profiles Vermont VT Active framework 0 profiles Virginia VA In progress 2 profiles Washington WA Active framework 1 profile West Virginia WV Active framework 0 profiles Wisconsin WI Active framework 1 profile Wyoming WY Comprehensive framework 8 profiles
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Law database

143 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Dead 10
SEC Staff Accounting Bulletin No. 121 SAB 121; 87 FR 21015 Withdrawn Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Inactive

Staff Accounting Bulletin No. 121: Accounting for Obligations to Safeguard Crypto-Assets an Entity Holds for its Platform Users

SEC SAB 121 was rescinded by SAB 122 effective Jan. 30, 2025 after setting staff accounting views on crypto-asset safeguarding obligations.

Last action: Jan 30, 2025 - SAB 122 became effective, rescinding SAB 121’s Topic 5.FF interpretive guidance.

Profile SEC Staff Accounting Bulletin No. 121
Arizona SB 1649 Digital Assets Strategic Reserve Fund SB 1649 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Inactive Effective Effective: Pending

Sponsored by Sen. Mark Finchem (R)

An act amending Title 41, chapter 1, article 4, Arizona Revised Statutes, by adding section 41-181; amending section 44-308; relating to the state treasurer.

Arizona SB 1649 was a 2026 bill to create a State Treasurer-administered Digital Assets Strategic Reserve Fund for state-held, confiscated, or surrendered digital assets. It failed House third reading on June 9, 2026.

Last action: Jun 9, 2026 - House third reading failed, 23-31-6; bill not enacted as of last verification.

Profile State source SB 1649 Senate-engrossed text
Oklahoma Strategic Pension Protection Act (SB 1985) SB 1985 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Inactive Effective Effective: Pending

Sponsored by Sen. Brian Guthrie (R)

An Act relating to retirement systems; creating the Strategic Pension Protection Act; authorizing investment of state retirement funds in certain digital assets.

Oklahoma SB 1985 proposed allowing state retirement systems to invest up to 5% of an account in qualifying digital asset ETPs and stablecoins. It reached Senate General Order but expired after sine die adjournment.

Last action: Mar 2, 2026 - Placed on General Order in the Senate.

Profile State source
DeFi Broker Reporting Rule H.J. Res. 25 Repealed Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Inactive Effective Effective: Pending

Sponsored by Rep. Mike Carey (R)

Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales

TD 10021 would have extended broker gross-proceeds reporting to certain DeFi front-end services. Public Law 119-5 disapproved it under the CRA.

Last action: Jul 11, 2025 - Treasury/IRS published a CRA revocation removing TD 10021 from the CFR and reverting section 6045 regulations.

Profile TD 10021 final rule
Georgia Senate Study Committee on Artificial Intelligence and Digital Currency SR 391 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Inactive Effective Effective: Pending

Sponsored by Sen. John Albers (R)

Senate Study Committee on Artificial Intelligence and Digital Currency; create

Georgia SR 391 created a Senate study committee to examine artificial intelligence and digital currency use in the state. Adopted Apr. 2, 2025, it listed a Dec. 1, 2025 sunset.

Last action: Apr 2, 2025 - Senate Passed/Adopted By Substitute.

Profile State source
Financial Innovation and Technology for the 21st Century Act H.R. 4763 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Inactive Effective Effective: Pending

Sponsored by Rep. Glenn Thompson (R)

Financial Innovation and Technology for the 21st Century Act

H.R. 4763 would have created a U.S. digital asset market-structure framework allocating CFTC and SEC authority. It passed the House in May 2024 but was not enacted.

Last action: Sep 9, 2024 - Received in the Senate, read twice, and referred to Senate Banking, Housing, and Urban Affairs.

Profile H.R. 4763 Congress.gov bill overview
Colorado Digital Token Act SB19-023 Repealed Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Inactive Effective Effective: Pending

Sponsored by Sen. Jack Tate; Sen. Stephen Fenberg (Unknown)

Concerning exemptions from the securities laws for cryptocurrencies, and, in connection therewith, enacting the “Colorado Digital Token Act”.

Repealed Colorado statute that created state securities registration and licensing exemptions for qualifying consumptive-purpose digital tokens. Enacted in 2019; repealed by SB24-180 effective Aug. 7, 2024.

Last action: May 17, 2024 - SB24-180 signed; repeal of C.R.S. § 11-51-308.7 effective Aug. 7, 2024.

Profile State source
Oklahoma SB 2064 Bitcoin Legislative Intent SB 2064 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Inactive Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Sen. Dusty Deevers (R)

Bitcoin; authorizing persons to receive payment in bitcoin; requiring State Treasurer to create certain request. Effective date.

Oklahoma SB 2064 proposed voluntary Bitcoin payments for state employees, vendors, businesses, and residents, with Treasurer procurement and tax-guidance provisions. It expired after the 2026 session.

Last action: Feb 3, 2026 - Second reading; referred to Senate Revenue and Taxation.

Profile State source
Texas Virtual Currency Kiosk Regulation (SB 1705) SB 1705 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Inactive Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Sen. Tan Parker (R)

An Act relating to the regulation of virtual currency kiosks; providing an administrative penalty.

Texas SB 1705 would have regulated virtual currency kiosks through registration, disclosures, reporting, fraud controls, transaction limits, ID checks, customer service, and enforcement. It expired after the 2025 regular session.

Last action: May 27, 2025 - Placed on House General State Calendar; no final House passage before the regular session ended.

Profile State source
Idaho Blockchain Basics Act H 585 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Inactive Enacted Enacted: Pending Effective Effective: Pending

Sponsored by House State Affairs Committee

Amends and adds to existing law to establish provisions for central bank digital currencies.

Idaho H 585 (2024), a proposed digital-assets rights and CBDC bill sometimes described as a Blockchain Basics Act, failed in the House on Mar. 19, 2024. It would have covered mining, self-custody, nodes, payments, and tax treatment.

Last action: Mar 19, 2024 - House third reading failed 30-40; filed in Office of the Chief Clerk.

Profile State source H 585 Engrossed Bill Text

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