Policy Reference

United States

Explore US crypto laws, including SEC and CFTC oversight, exchange rules, taxes, AML compliance, and digital asset regulation.

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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 105Law profiles 39Active laws Updated weeklyCadence
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Law database

57 law profiles

Law / Bill
Proposed Intro Review Passed Enacted Effective
Executive Order 14178: Strengthening American Leadership in Digital Financial Technology EO 14178; 90 FR 8647; FR Doc. 2025-02123 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Executive Order 14178 of January 23, 2025: Strengthening American Leadership in Digital Financial Technology

U.S. executive order revoking EO 14067, setting federal digital asset policy, creating the President’s Working Group on Digital Asset Markets, and directing agencies not to establish, issue, or promote CBDCs except as required by law.

Last action: Jul 30, 2025 - President’s Working Group released recommendations/report under EO 14178.

Profile Federal Register: Executive Order 14178
Interagency Crypto-Asset Safekeeping Statement Joint Statement (Jul. 14, 2025); OCC Bulletin 2025-17 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Crypto-Asset Safekeeping by Banking Organizations

Joint OCC/Fed/FDIC statement on existing risk-management principles for banking organizations providing or considering crypto-asset safekeeping services.

Last action: Jul 14, 2025 - OCC, Federal Reserve, and FDIC issued the joint statement on crypto-asset safekeeping risk-management considerations.

Profile Crypto-Asset Safekeeping by Banking Organizations
Texas SB 21: Strategic Bitcoin Reserve and Investment Act SB 21 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Charles Schwertner (R)

Relating to the establishment and administration of the Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency and the investment authority of the comptroller of public accounts over the reserve and certain other state funds.

Texas SB 21 creates a special fund outside the state treasury for bitcoin and qualifying cryptocurrency, administered by the comptroller with advisory, custody, liquidity, audit, and biennial reporting provisions.

Last action: Jun 20, 2025 - Signed by the Governor; effective immediately.

Next: Jun 15, 2026 - Custody and liquidity RFP responses due

Profile State source SB 21 enrolled bill text Milestone source
Maryland Virtual Currency Unclaimed Property Amendments SB 665; HB 761 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by President/Speaker by request of Comptroller

Maryland Uniform Disposition of Abandoned Property Act – Revisions

Maryland amendments to the abandoned-property statute that define virtual currency, impose a five-year dormancy rule, require pre-report liquidation and remittance of proceeds, and bar claims for post-liquidation gains.

Last action: May 20, 2025 - Governor approved SB 665 as Chapter 635 and HB 761 as Chapter 636.

Next: Oct 31, 2026 - Annual holder report deadline

Profile State source Milestone source
Arizona HB 2749: Bitcoin and Digital Assets Reserve Fund HB 2749 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Rep. Jeff Weninger (R)

Unclaimed property; virtual currency; security

Arizona HB 2749 creates the Bitcoin and Digital Assets Reserve Fund, updates unclaimed-property rules for digital assets, and requires abandoned digital assets to be delivered in native form to the Department of Revenue or a qualified custodian.

Last action: May 7, 2025 - Governor approved and Secretary of State filed Chapter 150.

Profile State source Chapter 150 / HB 2749 chaptered law
New Hampshire Strategic Reserve Established (HB 302) HB 302 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Rep. Keith Ammon (R)

AN ACT relative to enabling the state treasury to invest in precious metals and digital assets.

New Hampshire HB 302 established RSA 6:8-d, authorizing limited state treasury investment in precious metals and qualifying digital assets subject to a 5% cap and custody rules.

Last action: May 7, 2025 - Signed by Governor Ayotte 05/06/2025; Chapter 4; docket action posted 05/07/2025.

Profile State source
North Dakota Virtual Currency Kiosk Licensing Law HB 1447 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Steve Swiontek (R)

AN ACT to create and enact sections 13-09.1-50 through 13-09.1-54 and amend section 13-09.1-44, relating to virtual-currency kiosks

North Dakota HB 1447 requires virtual-currency kiosk operators to hold a money transmitter license and adds kiosk location, disclosure, receipt, anti-fraud, EDD, transaction-limit and live customer-service rules.

Last action: Apr 11, 2025 - Filed with Secretary of State on Apr. 11, 2025 after governor approval.

Profile State source
Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile EO 14233; 90 FR 11789 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile

EO 14233 establishes a U.S. Strategic Bitcoin Reserve and Digital Asset Stockpile for forfeited BTC and other government digital assets, with Treasury administration and agency accounting duties.

Last action: Mar 11, 2025 - Published in the Federal Register as EO 14233, 90 FR 11789.

Profile EO 14233 Federal Register text
OCC Interpretive Letter 1183 on Bank Crypto-Asset Activities OCC Interpretive Letter 1183 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

OCC Letter Addressing Certain Crypto-Asset Activities

OCC Interpretive Letter 1183 rescinds the prior supervisory non-objection process and reaffirms covered bank crypto-asset custody, stablecoin, and DLT payment activities.

Last action: Mar 7, 2025 - OCC issued Interpretive Letter 1183 and Bulletin 2025-2, rescinding IL 1179 and withdrawing from two 2023 crypto interagency statements for OCC-supervised banks.

Profile OCC Interpretive Letter 1183 PDF
SEC Staff Accounting Bulletin No. 122 Release No. SAB 122; 90 FR 8492 Effective Details Proposed Proposed: Completed Intro Introduced: Completed Review Review: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Staff Accounting Bulletin No. 122

SEC SAB 122 rescinds SAB 121’s crypto-asset safeguarding accounting guidance and points entities to existing contingency and disclosure analysis.

Last action: Jan 30, 2025 - SAB 122 effective

Profile SEC Staff Accounting Bulletin No. 122

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