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.
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NYDFS Coin Listing Guidance
NYDFS Industry Letter, Nov. 15, 2023 Agency guidanceNYDFS Limited Purpose Trust Company Virtual Currency Regime
NY Banking Law Art. 3; 23 NYCRR Part 200 RegulationNYDFS Stablecoin Guidance
NYDFS Industry Letter, June 8, 2022 Agency guidanceOCC Interpretive Letter 1183 on Bank Crypto-Asset Activities
OCC Interpretive Letter 1183 Agency guidanceOCC Interpretive Letter 1186 Bank Crypto-Asset Network Fees
OCC Interpretive Letter No. 1186 Agency guidanceSEC Digital Asset Funds and Custody Regime
15 USC 80a/80b; 17 CFR 270.17f, 275.206(4)-2; RIN 3235-AN46 RegulationSEC Staff Accounting Bulletin No. 122
Release No. SAB 122; 90 FR 8492 Agency guidanceSecurities Act of 1933 Digital Asset Securities Regime
15 U.S.C. 77a et seq.; SEC Rel. No. 33-11412 ActSecurities Exchange Act Digital Asset Trading Regime
15 U.S.C. 78a et seq.; 17 C.F.R. 240.3b-16; Reg ATS ActTexas SB 21: Strategic Bitcoin Reserve and Investment Act
Tex. S.B. 21; Tex. Gov't Code §§ 403.701-403.709 ActInformation is for general purposes only and not legal advice. See full disclaimer.