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
California DFAL Stablecoin Amendments
AB 1934; Ch. 945, Stats. 2024; Fin. Code §§3601-3605 ActGENIUS Act
Pub. L. 119-27; S. 1582; 12 U.S.C. 5901 et seq. ActCalifornia DFAL Crypto Kiosk Provisions
SB 401; Ch. 871, Stats. 2023; Fin. Code §§3901-3907 ActCalifornia Digital Financial Assets Law (DFAL)
Cal. Fin. Code Div. 1.25, §§ 3101-3907 ActIllinois Digital Assets and Consumer Protection Act
205 ILCS 731; P.A. 104-0428; SB1797 ActArizona HB 2749: Bitcoin and Digital Assets Reserve Fund
Arizona HB 2749 / Chapter 150 (2025) ActBank Secrecy Act Convertible Virtual Currency MSB Regime
31 CFR 1010.100(ff); Part 1022; FIN-2013-G001; FIN-2019-G001 RegulationBitLicense: New York Virtual Currency Regulation
23 NYCRR Part 200; DFS-29-14-00015-A RegulationExecutive Order 14178: Strengthening American Leadership in Digital Financial Technology
EO 14178; 90 FR 8647; FR Doc. 2025-02123 Executive orderFinCEN 2013 Virtual Currency Guidance
FIN-2013-G001 Agency guidanceInformation is for general purposes only and not legal advice. See full disclaimer.