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 17With profiles
Interactive United States map showing state-level crypto law coverage status.
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States Status 50 tracked
Alabama AL In progress 1 profile Alaska AK In progress 0 profiles Arizona AZ Active framework 1 profile Arkansas AR Active framework 0 profiles California CA Comprehensive framework 3 profiles Colorado CO Active framework 1 profile Connecticut CT Active framework 0 profiles Delaware DE Active framework 0 profiles Florida FL Active framework 3 profiles Georgia GA Active framework 0 profiles Hawaii HI Active framework 0 profiles Idaho ID In progress 1 profile Illinois IL Comprehensive framework 2 profiles Indiana IN Active framework 0 profiles Iowa IA Active framework 0 profiles Kansas KS Active framework 0 profiles Kentucky KY Active framework 0 profiles Louisiana LA Comprehensive framework 1 profile Maine ME In progress 0 profiles Maryland MD Active framework 2 profiles Massachusetts MA In progress 0 profiles Michigan MI Active framework 0 profiles Minnesota MN Active framework 0 profiles Mississippi MS Active framework 0 profiles Missouri MO Active framework 0 profiles Montana MT Active framework 0 profiles Nebraska NE Active framework 3 profiles Nevada NV Active framework 1 profile 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 0 profiles North Dakota ND Active framework 1 profile Ohio OH In progress 0 profiles Oklahoma OK In progress 0 profiles Oregon OR Active framework 0 profiles Pennsylvania PA Active framework 0 profiles Rhode Island RI Active framework 0 profiles South Carolina SC Active framework 0 profiles South Dakota SD Active framework 0 profiles Tennessee TN Active framework 1 profile Texas TX Active framework 1 profile Utah UT Active framework 0 profiles Vermont VT Active framework 0 profiles Virginia VA In progress 0 profiles Washington WA Active framework 0 profiles West Virginia WV Active framework 0 profiles Wisconsin WI Active framework 0 profiles Wyoming WY Comprehensive framework 1 profile
33Jurisdictions tracked 104Law profiles 39Active laws Updated weeklyCadence
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Law database

57 law profiles

Law / Bill
Proposed Intro Review Passed Enacted Effective
Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 H.R. 2392 Introduced Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Current Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Rep. Bryan Steil (R)

Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025

House bill H.R. 2392 would create a U.S. framework for payment stablecoin issuers, reserves, disclosures, AML/sanctions duties, and oversight. It was reported in House on May 6, 2025, but was not enacted as H.R. 2392.

Last action: May 6, 2025 - Placed on the Union Calendar, Calendar No. 68, after being reported amended by House Financial Services.

Profile H.R. 2392 Congress.gov bill overview
United States BITCOIN Act of 2025 S. 954 / H.R. 2032 In committee Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Current Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Sen. Cynthia Lummis; Rep. Nick Begich (R)

To establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes.

U.S. federal bill proposing a Strategic Bitcoin Reserve, a five-year Treasury Bitcoin purchase program, proof-of-reserve reporting, and custody rules for federal and state Bitcoin holdings.

Last action: Mar 11, 2025 - S. 954 referred to Senate Banking; H.R. 2032 referred to House Financial Services.

Profile Congress.gov S. 954 all information
Securities Exchange Act Digital Asset Trading Regime 15 U.S.C. 78a et seq.; 17 C.F.R. 240.3b-16; Reg ATS Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Securities Exchange Act of 1934, as applied to digital asset securities trading platforms

U.S. Exchange Act rules apply to platforms trading digital asset securities through exchange, ATS, broker-dealer, and related registration concepts; CLARITY Act changes remain pending.

Last action: May 14, 2026 - CLARITY Act advanced

Profile Securities Exchange Act of 1934 compilation
Maryland Virtual Currency Kiosk Registration Regime SB 305; SB 741 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sens. Pamela Beidle and Shelly Hettleman (D)

Financial Institutions and Activities – Virtual Currency Kiosks – Registration and Regulation

Maryland’s virtual currency kiosk regime requires operator and kiosk registration, sets transaction and fee limits, mandates disclosures and fraud-refund processes, and adds OFR enforcement rules.

Last action: May 12, 2026 - SB 741 approved by governor as Chapter 417; alterations effective Oct. 1, 2026.

Next: Oct 1, 2026 - SB 741 alterations effective

Profile State source Milestone source
Form 1099-DA Digital Asset Proceeds From Broker Transactions IRS Form 1099-DA; IRC §6045; TD 10000 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Form 1099-DA, Digital Asset Proceeds From Broker Transactions

IRS Form 1099-DA is used by brokers to report certain digital asset sale and exchange proceeds, with gross proceeds reporting from 2025.

Last action: Apr 30, 2026 - IRS current Form 1099-DA instructions page last reviewed or updated April 30, 2026.

Next: Dec 31, 2026 - Basis-identification relief ends

Profile State source Milestone source
U.S. Virtual Currency Unclaimed Property Amendments ME LD1969; AZ HB2749; CA SB822 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

State virtual currency and digital asset amendments to unclaimed property laws

State-level U.S. amendments that bring virtual currency and digital assets into unclaimed-property laws, addressing abandonment, custody, liquidation, owner claims, and state handling.

Last action: Apr 13, 2026 - Maine LD 1969 was signed as Public Law Chapter 675; nonemergency laws from the session have a general effective date of Jul. 29, 2026.

Next: Jul 29, 2026 - Maine general effective date

Profile Maine LD 1969 bill record Milestone source
Bank Secrecy Act Convertible Virtual Currency MSB Regime 31 CFR 1010.100(ff); Part 1022; FIN-2013-G001; FIN-2019-G001 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Bank Secrecy Act Convertible Virtual Currency Money Services Business Regime

FinCEN’s BSA regime treating certain CVC administrators and exchangers as money transmitters/MSBs, with registration, AML program, SAR, CTR, recordkeeping, and funds-transfer rules.

Last action: Apr 10, 2026 - Federal Register published FinCEN’s AML/CFT program modernization NPRM covering MSBs; comments are due June 9, 2026.

Next: Jun 9, 2026 - AML/CFT NPRM comment deadline

Profile GovInfo: Public Law 91-508 Milestone source
Gross Proceeds and Basis Reporting by Brokers for Digital Assets (TD 10000) TD 10000; 89 FR 56480; RIN 1545-BP71 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions

U.S. Treasury and IRS rule requiring certain digital asset brokers to report gross proceeds and, in phases, adjusted basis on Form 1099-DA.

Last action: Apr 6, 2026 - IRS published Notice 2026-20 extending temporary adequate-identification relief for digital asset units held in broker custody through 2026.

Next: Dec 31, 2026 - Temporary basis-ID relief endpoint

Profile Federal Register: TD 10000 final regulations Milestone source
Securities Act of 1933 Digital Asset Securities Regime 15 U.S.C. 77a et seq.; SEC Rel. No. 33-11412 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Securities Act of 1933 and SEC/CFTC Application of the Federal Securities Laws to Certain Types of Crypto Assets and Certain Transactions Involving Crypto Assets

U.S. Securities Act rules, supplemented by the SEC’s 2026 crypto-asset interpretation, govern when digital asset offers and tokenized instruments are securities transactions.

Last action: Mar 17, 2026 - SEC and CFTC issued Release No. 33-11412; effective March 23, 2026.

Next: Jan 18, 2027 - GENIUS phase-in backstop

Profile Securities Act of 1933 text Milestone source
Wyoming Stable Token Act SF0127 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Select Committee on Blockchain, Financial Technology and Digital Innovation Technology (NP)

AN ACT relating to trade and commerce; creating the Wyoming Stable Token Act; creating the Wyoming stable token commission; authorizing issuance of Wyoming stable tokens.

Wyoming law creating a state stable token commission and authorizing U.S. dollar-redeemable stable tokens backed through statutory trust, reserve, liquidity, redemption, procurement, and liability provisions.

Last action: Mar 6, 2026 - 2026 SF0021 signed and assigned Chapter 55, amending reserve, liquidity and interstate-agreement provisions; original SF0127 became law March 17, 2023.

Next: Jul 13, 2026 - Proposed rules comment deadline

Profile State source Wyoming Session Laws 2023, Chapter 185 Milestone source

Information is for general purposes only and not legal advice. See full disclaimer.