The United States of America does not officially consider cryptocurrencies as legal tender. However, they are not considered illegal either. Unlike China, it has not banned cryptocurrency exchanges or mining. Regulation is carried out at both the federal and state levels. At the federal level, regulation is handled by the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC), and the Commodity Futures Trading Commission (CFTC). At the state level, various governments have taken legislative measures, either by issuing restrictive regulations (NY) or favorable regulations aimed at promoting technology (WY, AZ, CO).