Effective Date: [Insert Date]
Last Updated: [Insert Date]
Introduction
This document outlines the legal and compliance policies for users residing in the United States. Our platform adheres to federal and state regulations governing cryptocurrency trading and financial transactions. Users must ensure they comply with all applicable laws when using our services.
U.S. State Availability
Our platform is available to users in most U.S. states, subject to compliance with local financial regulations. Below is a list of states where our platform operates:
Available States:
Alabama (AL), Alaska (AK), Arizona (AZ), Arkansas (AR), California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Kentucky (KY), Louisiana (LA), Maine (ME), Maryland (MD), Massachusetts (MA), Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV), New Hampshire (NH), New Jersey (NJ), New Mexico (NM), New York (NY), North Carolina (NC), North Dakota (ND), Ohio (OH), Oklahoma (OK), Oregon (OR), Pennsylvania (PA), Rhode Island (RI), South Carolina (SC), South Dakota (SD), Tennessee (TN), Texas (TX), Utah (UT), Vermont (VT), Virginia (VA), Washington (WA), West Virginia (WV), Wisconsin (WI), Wyoming (WY).
Restricted States:
At this time, our platform does not operate in the following states due to regulatory restrictions: [If any states are restricted, list them here. Otherwise, state: "Our platform is available in all U.S. states."]
Compliance with Special Regulatory States:
Certain states require additional compliance measures due to strict cryptocurrency regulations. These states include Minnesota (MN), New York (NY), Hawaii (HI), Texas (TX), and Louisiana (LA). Users from these states may need to complete additional verification steps before trading or may have access to limited services depending on regulatory requirements.
Minnesota (MN): Our platform complies with the Money Transmitter Licensing (MTL) requirements for Minnesota users. Additional KYC verification may be required.
New York (NY):
Due to New York’s Bitcoin License requirements, users may have limited access to certain Cryptocurrency assets.
Hawaii (HI):
State-specific regulations may limit available trading options.
Texas (TX):
Texas has unique crypto trading laws that may affect leverage and margin trading services.
Louisiana (LA):
Compliance with state money transmission laws may require additional documentation for users.
Users from these states will be notified of any restrictions upon account registration.