---
type: subdivision
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "north_america", "fatf", "legal"]
aliases: ["US-NJ", "USA-NJ"]
created: 2026-04-13
updated: 2026-04-02
compile_into: ["[[country--united-states]]"]
sources:
  - name: "NJ Department of Banking and Insurance"
    url: "https://www.nj.gov/dobi"
    type: "official"
  - name: "NJ Money Transmitters Act"
    url: "https://www.nj.gov/dobi"
    type: "framework"
---

# 🇺🇸 [[subdivision--us-new-jersey|New Jersey]] (US-NJ) — Crypto Regulation

> New Jersey requires money transmitter licenses for crypto businesses. Active enforcement but growing fintech ecosystem. State investigating its own BitLicense-style regime.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Sub-jurisdiction of | [[country--united-states|United States]] |
| Risk Score | 30/100 (Moderate Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--north-america|north america]] |
| Currency | [[entity--usd|USD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | Federal + up to 10.75% state |
| Capital Gains (Corporate) | Federal + 11.5% state CBT |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No crypto-specific tax guidance available.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--nj-department-of-banking-and-insurance|NJ Department of Banking and Insurance]] |
| Framework | NJ Money Transmitters Act |
| Ease | N/A |
| Cost | N/A |
| Timeline | N/A months |

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | No |
| Travel Rule | No |
| [[concept--fatf|FATF]] Member | No |
| FATF Status | non_compliant |

## DeFi

**Status:** Unclear

No specific DeFi regulation

## Stablecoins

**Status:** no_rules

No specific stablecoin framework

## NFTs

**Status:** no_rules

No specific NFT regulation

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 20% |
| Climate | temperate |
| Infrastructure | excellent |

New Jersey has a well-developed energy infrastructure with moderate electricity costs and a temperate climate favorable for mining operations.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 67/100 |
| Ease of Business | easy |
| Internet Freedom | free |
| Banking Access | open |

## Enforcement

Enforcement focused on unlicensed operators and consumer protection

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [NJ Department of Banking and Insurance](https://www.nj.gov/dobi)
- [NJ Money Transmitters Act](https://www.nj.gov/dobi)