Is cryptocurrency legal or illegal? Cryptocurrencies are legal in the US. According to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), Bitcoin is a convertible currency with an equivalent value to real currency or one that can act as a substitute for real currency.
Can U.S. citizens buy cryptocurrency? Purchase and exchange of cryptocurrencies is totally legal across the country. While there is no federal legislation for crypto assets in the US, the bodies at the federal level have offered guidance to states.
What states allow cryptocurrency?
|Arizona||HB 2204 Passed House 2/23/22|
Is crypto real money? Cryptocurrencies are digital assets people use as investments and for online purchases. You exchange real currency, like dollars, to buy “coins” or “tokens” of a certain kind of cryptocurrency. Craft a harder-working money plan with a trusted financial pro.