Texas maintains a legal and regulated environment for cryptocurrency activities under the Texas Finance Code and the Texas Money Services Modernization Act. The state has specific legislation addressing virtual currency and mining, including the Strategic Bitcoin Reserve Act and ERCOT Mining Registration Rules.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | north america |
| Currency | USD |
| VAT on Crypto | No |
| Required | Yes |
| Regulator | Texas Department of Banking (TDB) / Texas State Securities Board (TSSB) / Texas Department of Licensing and Regulation (TDLR) |
| Framework | Texas Money Services Modernization Act (MSMA, SB 895) |
| Ease | medium |
| Cost (USD) | $5,000 - $100,000 |
Licensing and supervision are conducted by the Texas Department of Banking, which oversees money services businesses including virtual currency providers.
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: Legal
DeFi activities are generally legal and operate under existing financial regulations without specific prohibitions.
Status: regulated
Stablecoins are regulated under the Texas Money Services Modernization Act and related financial regulations.
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.06/kWh |
| Renewable Energy | 20% |
| Infrastructure | excellent |
Texas has a robust electricity grid managed by ERCOT with specific mining registration rules enacted in 2024 to regulate crypto mining operations.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 67/100 |
| Banking Access | open |
| Sanctions Program Active | Yes |
Risk Factors
Texas is a politically stable state within the US with a strong infrastructure base and open banking environment favorable to crypto businesses.
Recent Political Events
Texas maintains a legal and regulated environment for cryptocurrency activities under the Texas Finance Code and the Texas Money Services Modernization Act. The state has specific legislation addressing virtual currency and mining, including the Strategic Bitcoin Reserve Act and ERCOT Mining Registration Rules.
Texas is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-25 · Data source: Soken Crypto Legal Map
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