Virtual Currency, Cryptocurrency, and Digital Assets Information for Consumers

General information and resources for consumers and investors regarding virtual currency, cryptocurrency, and digital assets.

Legal disclaimer
The content on this page provides general consumer information and resources. It is not legal advice or regulatory guidance. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There are many other resources available from other third-parties that may also serve your needs.

About Virtual Currency, Cryptocurrency, and Digital Assets

• Virtual Currency, Cryptocurrency, and Digital Assets Primer

  Basics about virtual currency and digital assets, including the potential regulation by the Washington State Department of Financial Institutions.

• The Risks of Buying, Investing in and Trading Virtual Currencies

  Alert from the Washington State Department of Financial Institutions about the risks of buying, investing in, and trading virtual currencies.

Companies Licensed Under Money Services Act

• List of Companies Licensed Under the Uniform Money Services Act for Virtual Currency Activities in Washington State

  This list is being provided for information purposes only. The Department of Financial Institutions does not endorse or recommend any person, product, or institution.

Enforcement Actions

• FinTech Related Enforcement Actions

  A non-exhaustive list of enforcement actions initiated by the agency.

Other Resources

• Video: About Initial Coin Offerings
  Information from the North American Securities Administrators Association about initial coin offerings.
• Risks to Consumers Posed by Virtual Currencies
  Information from the Consumer Financial Protection Bureau about the risks of virtual currencies.
• Informed Investor Advisory: Virtual Currency
  Information from the North American Securities Administrators Association discussing the risks associated with investing in virtual currencies.
• Tax Information from the Washington Department of Revenue
  Interim Statement Regarding Bitcoin: Payments, Mining, and Investment Income.
• Tax Information from the IRS
  Information from the IRS for taxpayers transacting in virtual currency.