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 41With profiles
Interactive United States map showing state-level crypto law coverage status.
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Alabama AL In progress 1 profile Alaska AK In progress 0 profiles Arizona AZ Active framework 4 profiles Arkansas AR Active framework 3 profiles California CA Comprehensive framework 3 profiles Colorado CO Active framework 2 profiles Connecticut CT Active framework 2 profiles Delaware DE Active framework 3 profiles Florida FL Active framework 3 profiles Georgia GA Active framework 3 profiles Hawaii HI Active framework 0 profiles Idaho ID In progress 2 profiles Illinois IL Comprehensive framework 5 profiles Indiana IN Active framework 1 profile Iowa IA Active framework 3 profiles Kansas KS Active framework 2 profiles Kentucky KY Active framework 0 profiles Louisiana LA Comprehensive framework 3 profiles Maine ME In progress 2 profiles Maryland MD Active framework 3 profiles Massachusetts MA In progress 3 profiles Michigan MI Active framework 3 profiles Minnesota MN Active framework 2 profiles Mississippi MS Active framework 0 profiles Missouri MO Active framework 1 profile Montana MT Active framework 2 profiles Nebraska NE Active framework 3 profiles Nevada NV Active framework 2 profiles 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 5 profiles North Dakota ND Active framework 1 profile Ohio OH In progress 5 profiles Oklahoma OK In progress 6 profiles Oregon OR Active framework 0 profiles Pennsylvania PA Active framework 2 profiles Rhode Island RI Active framework 1 profile South Carolina SC Active framework 1 profile South Dakota SD Active framework 3 profiles Tennessee TN Active framework 4 profiles Texas TX Active framework 4 profiles Utah UT Active framework 2 profiles Vermont VT Active framework 0 profiles Virginia VA In progress 2 profiles Washington WA Active framework 1 profile West Virginia WV Active framework 0 profiles Wisconsin WI Active framework 1 profile Wyoming WY Comprehensive framework 8 profiles
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Law database

143 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile EO 14233; 90 FR 11789 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: 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 Draft Draft: Completed Intro Introduced: Completed Committee In committee: 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
Wyoming CBDC Prohibitions HB0264 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Rep. Daniel Singh (R)

Central bank digital currencies-prohibitions.

Wyoming bars state agencies from requiring CBDC payment for state services, taxes, or fees and from using public funds to assist CBDC testing, adoption, or implementation.

Last action: Feb 27, 2025 - Assigned Chapter Number 47 after Governor signed HEA No. 0025.

Profile State source HB0264 Enrolled Act
Arkansas UCC Central Bank Digital Currency Exclusion SB 133 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Justin Boyd (R)

An Act to Amend the Uniform Commercial Code; to Define “Central Bank Digital Currency” Under the Uniform Commercial Code; to Modify the Uniform Commercial Code Definitions of “Money” and “Deposit Account”; and for Other Purposes.

Arkansas Act 50 amends UCC definitions of “money” and “deposit account” to exclude CBDCs, and defines CBDC for Arkansas UCC purposes. Approved Feb. 13, 2025; effective Aug. 5, 2025.

Last action: Feb 17, 2025 - Notification that SB133 is now Act 50.

Profile State source Act 50 of the 2025 Regular Session
SEC Staff Accounting Bulletin No. 122 Release No. SAB 122; 90 FR 8492 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: 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
California DFAL Crypto Kiosk Provisions SB 401; AB 1934 Partially effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Monique Limón

SB 401, Digital financial asset transaction kiosks; Financial Code Chapter 9

California DFAL Chapter 9 kiosk rules for digital financial asset transaction kiosks, including location reporting, $1,000 daily transaction cap, fee caps, disclosures, receipts, and July 1, 2026 licensing alignment.

Last action: Sep 29, 2024 - AB 1934 amended Financial Code §3907 to move kiosk licensing-related dates to July 1, 2026.

Profile State source California Financial Code Chapter 9
California Digital Financial Assets Law (DFAL) AB 39; SB 401; AB 1934 Partially effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by AB 39: Grayson; SB 401: Limón

Digital Financial Assets Law

California’s DFAL creates a DFPI licensing and supervision regime for many digital-asset businesses serving California residents, with phased kiosk rules and a July 1, 2026 license/application deadline.

Last action: Sep 29, 2024 - AB 1934 chaptered as Ch. 945, Statutes of 2024, extending DFAL licensing dates to July 1, 2026.

Profile State source DFPI Digital Financial Assets
North Carolina CBDC Prohibition HB 690 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Rep. Harry Warren (R)

No Central Bank Digital Currency Payments to State

North Carolina bars state agencies and the General Court of Justice from accepting CBDC payments or participating in Federal Reserve branch CBDC testing.

Last action: Sep 9, 2024 - Became law notwithstanding the objections of the Governor.

Profile State source
Arkansas Digital Asset Mining Business Ownership Restrictions SB 79 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Missy Irvin (R)

Ownership of digital asset mining business by prohibited foreign-party-controlled business prohibited — Definitions — Penalty — Reporting

Arkansas Act 174 added § 14-1-606, barring prohibited foreign parties from acquiring or holding any interest in an Arkansas digital asset mining business. Enforcement is preliminarily enjoined as of Apr. 29, 2025.

Last action: May 3, 2024 - Approved by Governor; emergency clause made Act 174 effective on approval.

Profile State source
Virginia Blockchain and Cryptocurrency Commission Study Regime SB 439 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Saddam Azlan Salim (D)

Joint Commission on Technology and Science; analysis of blockchain technology and cryptocurrency in the Commonwealth; report.

Virginia SB 439 directs JCOTS to study blockchain and cryptocurrency use, assess risks, economic and energy impacts, and evaluate creation of a Blockchain and Cryptocurrency Commission; RGA lists the required Dec. 1, 2024 report as overdue.

Last action: Apr 8, 2024 - Governor approved as Acts of Assembly Chapter 709; LIS lists effective date as July 1, 2024.

Profile State source 2024 Virginia Acts Chapter 709

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