{ "jurisdiction_id": "US-ME", "jurisdiction": "United States – Maine", "url": "https://cryptoassets.gi/jurisdictions/united-states-maine/", "generator": "render_jid v13.3.0", "date_modified": "2026-08-17", "schema_version": "crypto-v2.0.0", "counts": { "modules": 7, "sourced_findings": 20, "source_register": 12 }, "modules": [ { "code": "crypto_licensing", "name": "Crypto Licensing", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/united-states-maine/#crypto-licensing-crypto-licensing", "standing_position": "Maine has no bespoke crypto-asset licensing statute. Virtual-currency exchange, custody, and transmission businesses fall under Maine's general money-transmitter licensing law, administered through the Nationwide Multistate Licensing System (NMLS), consistent with the seed disambiguation. The exact statutory chapter/section citation and any crypto-specific carve-outs have not been independently verified against Maine's primary statute in this research pass, so materiality-5 licensing claims carry Probable rather than Confirmed confidence pending primary-source escalation.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "token_classification", "name": "Token Classification", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/united-states-maine/#token-classification-token-classification", "standing_position": "Maine has not enacted its own digital-asset taxonomy. Consistent with the seed disambiguation, token characterisation for securities/commodities purposes is governed by federal SEC/CFTC jurisdiction, which itself remains in flux pending the CLARITY Act's Senate progress. Payment stablecoins compliant with the federal GENIUS Act are explicitly confirmed as non-securities.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "on_chain_activity_regime", "name": "On-Chain Activity Regime", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/united-states-maine/#on-chain-activity-regime-on-chain-activity-regime", "standing_position": "Maine has no state-specific statute addressing mining, staking, DeFi lending, node operation, or validator activity. The only applicable interpretive framework is federal FinCEN BSA/MSB guidance, which addresses when mining or exchange activity triggers money-transmitter status. Staking and DeFi lending remain unaddressed at both state and (largely) federal statutory level.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "stablecoin_regime", "name": "Stablecoin Regime", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/united-states-maine/#stablecoin-regime-stablecoin-regime", "standing_position": "Maine has not enacted a state-specific stablecoin statute. The controlling framework is the federal GENIUS Act, signed into law July 18, 2025, which establishes reserve, redemption, disclosure, and issuer-authorisation requirements for payment stablecoins nationwide, including for entities operating in Maine. The Act's substantive provisions are enacted but not yet effective; the statutory effective date is the earlier of January 18, 2027 or 120 days after federal regulators finalize implementing rules, and regulators have already missed the one-year rulemaking deadline. It is unverified whether Maine intends to pursue state-level certification as 'substantially similar' to the federal regime (a pathway New York is actively pursuing).", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "consumer_protection", "name": "Consumer Protection", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/united-states-maine/#consumer-protection-consumer-protection", "standing_position": "No crypto-specific consumer-protection statute has been identified for Maine. General MSB/money-transmitter consumer protections (bonding, licensee verification via NMLS) apply by extension, but whether Maine's law imposes crypto-specific custody segregation or safeguarding duties has not been independently verified.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "tax_treatment", "name": "Tax Treatment", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/united-states-maine/#tax-treatment-tax-treatment", "standing_position": "No Maine-specific statute addressing the tax treatment of digital assets has been identified. Maine individual income tax generally conforms to federal adjusted gross income, so federal capital-gains treatment of crypto disposals likely carries through, but this has not been independently verified. A federal discussion draft (Digital Asset PARITY Act) proposing a small-dollar stablecoin capital-gains safe harbor remains unenacted.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "cross_border_transfer", "name": "Cross-Border Transfer", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/united-states-maine/#cross-border-transfer-cross-border-transfer", "standing_position": "No Maine-specific statute addresses cross-border crypto-asset transfers. The applicable framework is entirely federal: the BSA Funds Travel Rule and OFAC sanctions-screening obligations bind convertible-virtual-currency money transmitters doing business in Maine. No additional state-level outbound restriction has been identified.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] } ] }