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
GENIUS Act
Pub. L. 119-27; S. 1582; 12 U.S.C. 5901 et seq. ActGross Proceeds and Basis Reporting by Brokers for Digital Assets (TD 10000)
TD 10000; 89 FR 56480; RIN 1545-BP71 Tax guidanceInfrastructure Investment and Jobs Act Digital Asset Broker Reporting Provisions
Pub. L. 117-58 §80603; IRC §§6045, 6045A, 6050I ActInteragency Crypto-Asset Safekeeping Statement
Joint Statement (Jul. 14, 2025); OCC Bulletin 2025-17 Agency guidanceLummis-Gillibrand Responsible Financial Innovation Act (S.2281)
S.2281 (118th Congress) ActOCC 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. 121
SAB 121; 87 FR 21015 Agency guidanceSEC Staff Accounting Bulletin No. 122
Release No. SAB 122; 90 FR 8492 Agency guidanceInformation is for general purposes only and not legal advice. See full disclaimer.