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
FinCEN CVC/LTDA Transaction Reporting NPRM
RIN 1506-AB47; Docket FINCEN-2020-0020 RegulationFinCEN 2019 Convertible Virtual Currency Guidance
FIN-2019-G001 Agency guidanceFinCEN 2013 Virtual Currency Guidance
FIN-2013-G001 Agency guidanceFinancial Innovation and Technology for the 21st Century Act
H.R. 4763 (118th Congress) BillExecutive Order 14178: Strengthening American Leadership in Digital Financial Technology
EO 14178; 90 FR 8647; FR Doc. 2025-02123 Executive orderEstablishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile
EO 14233; 90 FR 11789 Executive orderDeFi Broker Reporting Rule
TD 10021; 89 FR 106928; PL 119-5 ActCommodity Exchange Act Digital Commodity Regime
S. 3755 (RS); H.R. 3633 (RS) ActColorado Digital Token Act
2019 Colo. Sess. Laws ch. 12; C.R.S. § 11-51-308.7 (repealed) ActCalifornia Digital Financial Assets Law (DFAL)
Cal. Fin. Code Div. 1.25, §§ 3101-3907 ActInformation is for general purposes only and not legal advice. See full disclaimer.