Crypto-funded debit card in United States

FinCEN — Treasury bureau (31 U.S.C. 310) that administers the Bank Secrecy Act: MSB registration on Form 107 within 180 days of establishment and every two years (31 CFR 1022.380), and the funds-transfer recordkeeping and travel rule for transmittals of $3,000 or more (31 CFR 1010.410(e)-(f)).

OCC — charters and supervises national banks and federal savings associations, which may provide crypto-asset custody, certain stablecoin activities and node participation without prior supervisory non-objection (Interpretive Letter 1183, 7 March 2025); conditionally approved five national trust bank charters for digital-asset firms on 12 December 2025; and is the primary federal payment stablecoin regulator for Federal qualified issuers under the GENIUS Act.

IRS — administers federal tax on digital assets, which are treated as property, not currency; brokers report digital-asset sales on Form 1099-DA beginning with transactions on or after 1 January 2025.

OFAC — administers U.S. economic sanctions, which apply to virtual currency transactions; on 15 October 2021 it published 'Sanctions Compliance Guidance for the Virtual Currency Industry'.

Bank Secrecy Act (Public Law 91-508, 1970; codified at 31 U.S.C. 5311 et seq.) is the federal AML/CFT statute. It requires reports and records useful in criminal, tax and regulatory investigations and requires money transmitting businesses to register with Treasury (31 U.S.C. 5330), implemented by FinCEN Form 107 within 180 days of establishment and renewal every two years (31 CFR 1022.380).