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Digital Asset Regulatory Authority

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Regulatory Structure & Framework Advisory Group

Inter-Jurisdictional State Task Force Liaison Initiative

Intergovernmental & State Regulatory Task Force Directorate

As the implementation of federal legislation (including the GENIUS Act) accelerates alongside state-level statutory frameworks, the DARA SRO Task Force provides a structured bridge between state legislative study commissions, administrative regulators, and industry market participants.

DARA’s State Liaison Working Group operates to harmonize self-regulatory standards, technical compliance benchmarks, and consumer safeguards across states that have established statutory task forces, workgroups, legislative study committees and those looking to establish task forces.

Core Objectives of the DARA SRO State Liaison Framework

Dual-Banking & Federal Baseline Alignment: Assisting state task forces and departments of financial regulation in navigating "substantial similarity" criteria under federal GENIUS Act parameters without sacrificing state sovereign charter flexibility.
Technical Examination & Self-Regulatory Standards: Providing state study commissions with objective market surveillance models, proof-of-reserve attestation criteria, cybersecurity controls, and anti-money laundering (AML) best practices developed across decentralized and centralized platforms.
Model Policy & Legislative Scaffolding: Delivering empirical research—such as court technology readiness and uniform commercial definitions—to help state working groups draft actionable recommendations for land titling, UCC Article 12 adoption, and payment stablecoin frameworks.
Public-Private Regulatory Sandboxes: Partnering with state innovation offices (e.g., Utah Office of Regulatory Relief, Arizona FinTech Sandbox) to establish safe harbor testing environments for digital asset custody and cross-border settlement rails.

Existing State Task Force Directory

Statutory commissions and state agency secretariats across five key regional corridors:

Region Active Statutory Task Forces Primary Focus Areas
Mid-Atlantic Maryland (Title 14 / Task Force on Blockchain & Innovative Tech), Delaware (SCR 143) Public land recordation, corporate entity governance, dual-banking non-depository trust models.
West & Mountain Wyoming (Select Committee), Utah (Task Force / Office of Reg Relief), Colorado (OIT), Montana (SB 330) Commercial digital asset custody, statutory DAOs, state reserve backing, grid/mining infrastructure.
Pacific California (GovOps / DFPI Working Group), Washington (SB 5544), Hawaii (DCCA Act 086) Consumer protection, money transmitter modernization, digital identity, environmental transparency.
South & Gulf Coast Texas (Workgroup on Blockchain Matters), Florida (DFS), Louisiana (SCR 68), Virginia (Commission) Capital markets settlement, commercial code harmonization, municipal registry pilot programs.
Northeast & Midwest New York (DFS Task Force), New Jersey (EDA / Treasury), Illinois (GA / DCEO), Connecticut (DECD) Regulatory examination workflows, institutional market structure, workforce development pathways.

For additional information contact projects@dara.foundation.


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