{
 "jurisdiction_id": "US-NJ",
 "jurisdiction": "United States – New Jersey",
 "url": "https://cryptoassets.gi/jurisdictions/united-states-new-jersey/",
 "generator": "render_jid v13.3.0",
 "date_modified": "2026-08-17",
 "schema_version": "crypto-v2.0.0",
 "counts": {
  "modules": 8,
  "sourced_findings": 16,
  "source_register": 17
 },
 "modules": [
  {
   "code": "crypto_licensing",
   "name": "Crypto Licensing",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/united-states-new-jersey/#crypto-licensing-crypto-licensing",
   "standing_position": "New Jersey has no bespoke crypto-asset licensing statute. Virtual-currency exchange, custody, and transmission businesses are regulated as money transmitters under New Jersey's general Money Transmitters Act, administered by the New Jersey Department of Banking and Insurance (DOBI) via the Nationwide Multistate Licensing System (NMLS). State- or federally-chartered banks and trust companies are statutorily excluded from the MTL requirement. Multiple attempts to enact a bespoke 'Digital Asset and Blockchain Technology Act' creating a dedicated crypto license have been introduced in the Legislature but have not been enacted into law. A 2021 State Commission of Investigation report found no dedicated state regulatory framework for crypto ATM/kiosk operations specifically.",
   "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
    }
   ]
  },
  {
   "code": "token_classification",
   "name": "Token Classification",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/united-states-new-jersey/#token-classification-token-classification",
   "standing_position": "Token characterization for securities purposes is governed primarily by federal law: the SEC/CFTC's March 2026 interpretive guidance established a token taxonomy (digital securities, digital commodities, digital collectibles, digital tools, payment stablecoins). New Jersey has no independent state statute classifying token types, but the NJ Bureau of Securities (within the Division of Consumer Affairs, Attorney General's office) has independently applied the state Uniform Securities Law to treat certain crypto products -- notably crypto interest/yield accounts and staking-as-a-service programs -- as securities, occasionally diverging from the evolving federal posture.",
   "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": "on_chain_activity_regime",
   "name": "On-Chain Activity Regime",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/united-states-new-jersey/#on-chain-activity-regime-on-chain-activity-regime",
   "standing_position": "The only on-chain activity with a documented, distinct New Jersey regulatory position is protocol/exchange staking, where the NJ Bureau of Securities brought an enforcement action against Coinbase's staking-as-a-service program in June 2023 as part of a ten-state task force, alleging it constituted an unregistered securities offering. As of April 2025 this matter reportedly remained open even after several other states dropped parallel actions and the SEC dismissed its own suit. No NJ-specific rules distinct from the general MTL/securities regimes were identified for mining, node operation, validation, DeFi lending, DEX activity, or tokenization.",
   "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-new-jersey/#stablecoin-regime-stablecoin-regime",
   "standing_position": "New Jersey has no state-specific stablecoin issuance, reserve, redemption, disclosure, or systemic-designation framework. Payment stablecoins are governed federally by the GENIUS Act (signed July 2025), which establishes federal (OCC/Federal Reserve/FDIC) issuance pathways plus an optional state regulatory pathway for smaller issuers (under $10 billion outstanding). No evidence was found that New Jersey has stood up a state-qualified stablecoin-issuer supervisory program under this pathway.",
   "findings": [
    {
     "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-new-jersey/#consumer-protection-consumer-protection",
   "standing_position": "New Jersey consumer protection for crypto is presently enforcement-driven rather than statute-driven: the NJ Attorney General and Bureau of Securities have issued cease-and-desist orders against crypto investment fraud schemes and pursued crypto yield/staking products as unregistered securities. Legislative proposals -- including a dedicated digital-asset licensing act and a 2025 bill requiring crypto ATM operators to provide scam warnings and live customer service -- remain pending and have not been enacted.",
   "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": "tax_treatment",
   "name": "Tax Treatment",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/united-states-new-jersey/#tax-treatment-tax-treatment",
   "standing_position": "No New Jersey Division of Taxation-specific bulletin or technical guidance on virtual-currency taxation (capital gains, income tax, sales/use tax, or reporting) was located in this research pass; this is flagged as a gap requiring escalation. The only sourced tax-relevant development identified is the federal Form 1099-DA broker-reporting regime, which affects New Jersey taxpayers by virtue of federal conformity even absent independent state guidance.",
   "findings": [
    {
     "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-new-jersey/#cross-border-transfer-cross-border-transfer",
   "standing_position": "No New Jersey-specific outbound restriction, reporting threshold, or travel-rule requirement distinct from federal law was identified for cross-border virtual-currency transfers. New Jersey-licensed money transmitters conducting cross-border crypto transfers remain subject to the federal BSA/FinCEN MSB registration, recordkeeping, and reporting regime, plus OFAC sanctions screening, rather than any separate state cross-border regime.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "aml_cft_regime",
   "name": "AML/CFT Regime",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/united-states-new-jersey/#aml-cft-regime-aml-cft-regime",
   "standing_position": "Crypto AML/CFT obligations (KYC/CDD, travel rule, SAR/STR, sanctions screening, record-keeping, risk assessment) are out of scope for this baseline: the crypto consumer subscribes to the Financial Integrity Module (FIM) 'aml_ctf' for these facts rather than duplicating them here. Disambiguation context only: New Jersey money transmitters, including virtual-currency businesses, are subject to federal BSA/FinCEN MSB registration and AML program requirements administered by FinCEN, and New Jersey's 2021 State Commission of Investigation report on crypto kiosks specifically flagged AML/CFT gaps at cryptocurrency ATM operators.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  }
 ]
}