Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Policy Reference
United States
Explore US crypto laws, including SEC and CFTC oversight, exchange rules, taxes, AML compliance, and digital asset regulation.
State Explorer
United States state crypto law tracker
Track state-level crypto legislation, strategic reserve proposals, licensing regimes, and enforcement frameworks.
States Status 50 tracked
Illinois Digital Assets and Consumer Protection Act
205 ILCS 731; P.A. 104-0428; SB1797 ActNorth Dakota Virtual Currency Kiosk Licensing Law
HB 1447; Chapter 143; NDCC §§ 13-09.1-50 to -54 ActNew Hampshire Strategic Reserve Established (HB 302)
HB 302 / 2025 N.H. Laws ch. 4 / RSA 6:8-d ActMaryland Virtual Currency Kiosk Registration Regime
MD SB 305/Ch.117; FI §§12-1201–12-1209; COMAR 09.03.16 RegulationTexas SB 21: Strategic Bitcoin Reserve and Investment Act
Tex. S.B. 21; Tex. Gov't Code §§ 403.701-403.709 ActOCC Interpretive Letter 1183 on Bank Crypto-Asset Activities
OCC Interpretive Letter 1183 Agency guidanceEstablishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile
EO 14233; 90 FR 11789 Executive orderSEC Staff Accounting Bulletin No. 122
Release No. SAB 122; 90 FR 8492 Agency guidanceExecutive Order 14178: Strengthening American Leadership in Digital Financial Technology
EO 14178; 90 FR 8647; FR Doc. 2025-02123 Executive orderForm 1099-DA Digital Asset Proceeds From Broker Transactions
IRS Form 1099-DA; IRC §6045; TD 10000 Tax guidanceInformation is for general purposes only and not legal advice. See full disclaimer.