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
Nebraska Digital Asset Depository Regime LB 649 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Mike Flood (NP)

Nebraska Financial Innovation Act

Nebraska’s Financial Innovation Act creates a state digital asset depository charter regime for custody, stablecoin issuance, payment activity, AML controls, disclosures, and supervision.

Last action: Feb 26, 2026 - LB717 amendments to the digital asset depository framework became operative on Feb. 26, 2026.

Profile State source Nebraska Legislature § 8-3001
Nebraska Controllable Electronic Record Fraud Prevention Act LB 609 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Eliot Bostar (NP)

Controllable Electronic Record Fraud Prevention Act

Nebraska’s 2025 law regulates crypto kiosks through money-transmitter licensing, disclosures, fraud controls, transaction limits, fee caps and refund obligations.

Last action: Feb 25, 2026 - LB609 signed Mar. 11, 2025; LB717 amendment signed Feb. 25, 2026 and effective Jul. 18, 2026.

Next: Jul 18, 2026 - LB717 amendment effective

Profile State source NDBF Controllable Electronic Record Fraud Prevention Act page Milestone source
Nebraska Financial Innovation Act LB649 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Mike Flood (R)

Nebraska Financial Innovation Act

Nebraska’s Financial Innovation Act creates a state digital asset depository charter for custody, stablecoin issuance, payment activity, disclosures, and NDBF supervision.

Last action: Feb 25, 2026 - NDBF correspondence states LB717 was signed Feb. 25, 2026, with changes effective July 18, 2026; review codification after effective date.

Next: Jul 18, 2026 - LB717 effective date

Profile State source Milestone source
OCC Interpretive Letter 1186 Bank Crypto-Asset Network Fees OCC Interpretive Letter No. 1186 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Authority of National Banks to Hold Crypto-Assets as Principal and Pay Crypto-Asset Network Fees as Incidental to a Permissible Banking Activity

OCC Interpretive Letter 1186 confirms that national banks may pay crypto-asset network fees and hold necessary crypto-assets for foreseeable fee needs or testing.

Last action: Feb 25, 2026 - GENIUS Act NPRM cited IL 1186

Profile OCC Interpretive Letter 1186 PDF
New York NYDFS Virtual Currency Assessment Regulation 23 NYCRR Part 102; DFS-03-23-00002-A Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

23 NYCRR Part 102: Virtual Currency Licensee Assessments

NYDFS Part 102 establishes how BitLicensees are assessed for DFS supervision and examination costs, using quarterly bills, a final true-up, custody and transaction metrics, and special assessments.

Last action: Jan 13, 2026 - DFS 2026 agency review

Profile Text of 23 NYCRR Part 102
NYDFS Limited Purpose Trust Company Virtual Currency Regime NY Banking Law Art. 3; 23 NYCRR Part 200 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

New York Banking Law limited purpose trust company charter for virtual currency business activity

New York charter route for virtual currency entities operating as limited purpose trust companies under DFS approval, supervision, custody, AML, cybersecurity and customer-protection standards.

Last action: Sep 30, 2025 - DFS issued updated custody-structure guidance applying to BitLicensees and New York Banking Law limited purpose trust companies that custody virtual currency.

Profile State source
SEC Digital Asset Funds and Custody Regime 15 USC 80a/80b; 17 CFR 270.17f, 275.206(4)-2; RIN 3235-AN46 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Investment Company Act of 1940; Investment Advisers Act of 1940; SEC digital asset fund and custody framework

U.S. SEC fund/adviser custody framework for covered crypto assets, including existing 1940 Act and Advisers Act rules, 2025 state trust company no-action relief, and pending custody-rule agenda activity.

Last action: Sep 30, 2025 - SEC staff issued no-action relief for registered advisers and regulated funds using qualifying state trust companies for crypto custody.

Profile Advisers Act Custody Rule, 17 CFR 275.206(4)-2
Illinois Digital Asset Kiosks Act (Virtual Currency Kiosk Consumer Protection) SB 2319 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Laura Ellman (D)

Digital Asset Kiosks Act

Illinois’ Digital Asset Kiosks Act sets consumer protections for crypto kiosks, including transaction limits, fee caps, disclosures, refunds, fraud controls, and IDFPR rulemaking.

Last action: Aug 18, 2025 - Governor approved SB 2319 as Public Act 104-0429; effective immediately.

Next: Jun 29, 2026 - Public comment deadline

Profile State source Milestone source
Illinois Digital Assets and Consumer Protection Act SB1797 Partially effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Mark L. Walker (D)

Digital Assets and Consumer Protection Act

Illinois DACPA creates a state registration and supervision regime for digital asset business activity, with disclosures, custody rules, compliance programs and phased 2027 registration.

Last action: Aug 18, 2025 - Governor approved SB1797 as Public Act 104-0428; effective Aug. 18, 2025.

Next: Jun 29, 2026 - Proposed-rule comment deadline

Profile State source 205 ILCS 731 Digital Assets and Consumer Protection Act Milestone source
FinCEN 2019 Convertible Virtual Currency Guidance FIN-2019-G001 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Application of FinCEN’s Regulations to Certain Business Models Involving Convertible Virtual Currencies

FinCEN’s 2019 CVC guidance explains how U.S. BSA money services business rules apply to common virtual currency business models.

Last action: Aug 4, 2025 - CVC kiosk notice cites guidance

Profile FIN-2019-G001 guidance landing page

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