Not publishable as-is. 5 of 8 publication_gate checks fail. The renderer displays the gate rather than suppressing it. Legal review and sub-brief approval are informational and are not part of this test.
New Mexico, USA
US-NMschema crypto-v2.0.0trajectory: not yet assessedregulatedoverlaps: FIM, WPM
Last updated update date not yet available · 8 categories · 25 sourced
findings · 11 sources in the cumulative register
8Categoriesbaseline.
25Findings.claims[]
0Tier-1 sourcesrun_metadata.t1_source_count
Confidence mix(sums to 8 rendered categories; click to filter)
No categories moved this cycle.
Jurisdiction brief
No content recorded at this JID path.
8 of 8 categories
Signal
Density
Selections OR within a group, AND across groups. Press / to search.
New Mexico has no bespoke crypto-asset licensing statute. Virtual-currency exchange and custody businesses operating in New Mexico fall under the state's general money-transmitter licensing regime, administered through the multistate NMLS system, with the exact codified citation and any crypto-specific carve-outs not independently verified in this pass.
Absence reason not determinableNo sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason.
no periodic updates on record for this sub-brief
Sources and findings (3)
T2 · Nationwide Multistate Licensing System / State Regulatory RegistryNationwide Multistate Licensing System / State Regulatory Registry — Businesses engaged in virtual-currency exchange or custody in New Mexico are required to hold a money-transmitter license under the state's general money-transmission licensing framework, administered via NMLS.retrieved M5bindingin force
T2 · Nationwide Multistate Licensing System / State Regulatory RegistryNationwide Multistate Licensing System / State Regulatory Registry — Licensees and applicants for New Mexico money-transmitter authority must create and maintain a company record in the Nationwide Multistate Licensing System (NMLS) to submit and manage license applications with New Mexico's regulator.retrieved M3bindingin force
T2 · Nationwide Multistate Licensing System / State Regulatory RegistryNationwide Multistate Licensing System / State Regulatory Registry — New Mexico does not maintain a crypto-specific license category distinct from its general money-transmitter license; no bespoke virtual-currency statute has been identified as of this research pass.retrieved M3non-bindingour coverage gap, expected to resolve on a re-run
New Mexico has no state-level token classification framework. Characterisation of crypto assets (as securities, commodities, or otherwise) is governed by federal law, principally the SEC/CFTC interpretive release on the application of federal securities laws to crypto assets, which establishes a taxonomy of digital commodities, digital collectibles, digital tools, payment stablecoins, and digital securities.
Absence reason not determinableNo sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason.
no periodic updates on record for this sub-brief
Sources and findings (3)
T1 · U.S. Securities and Exchange Commission / Commodity Futures Trading CommissionU.S. Securities and Exchange Commission / Commodity Futures Trading Commission — New Mexico has no independent state-level statute or regulation classifying crypto assets by token type; token characterisation for New Mexico-based activity is governed by federal SEC/CFTC jurisdiction.retrieved M3non-bindinga fact about the regime
T1 · U.S. Securities and Exchange CommissionU.S. Securities and Exchange Commission — Under the SEC's 2026 interpretive release, only tokenized traditional securities are treated as digital securities subject to federal securities law; digital commodities, digital collectibles, digital tools, and payment stablecoins are excluded from that category.retrieved M5bindingin force
T1 · U.S. Securities and Exchange CommissionU.S. Securities and Exchange Commission — Federal law (GENIUS Act) confirms that payment stablecoins issued by permitted issuers are not securities, a classification that applies uniformly to New Mexico-based issuers and users absent a state-specific carve-out.retrieved M5bindingenacted not yet effective
New Mexico has no state-specific regulatory regime addressing on-chain activities such as staking, DeFi lending, mining, node operation, or validation. The only applicable interpretive framework is the 2026 federal SEC/CFTC release addressing protocol mining and protocol staking under the Howey test.
Absence reason not determinableNo sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason.
no periodic updates on record for this sub-brief
Sources and findings (2)
T1 · U.S. Securities and Exchange Commission / Commodity Futures Trading CommissionU.S. Securities and Exchange Commission / Commodity Futures Trading Commission — The SEC's 2026 interpretive release addresses the application of federal securities laws to activities known as protocol mining and protocol staking, clarifying when such activities do not constitute securities transactions.retrieved M4bindingin force
T2 · Nationwide Multistate Licensing System / State Regulatory RegistryNationwide Multistate Licensing System / State Regulatory Registry — No New Mexico-specific statute, rule, or regulator guidance has been identified addressing whether operating a validator node, mining, or DeFi lending/DEX activity independently triggers New Mexico money-transmitter licensure.retrieved M3non-bindinga fact about the regime
New Mexico has no bespoke state stablecoin regime. Stablecoin issuance is governed by the federal GENIUS Act (signed July 18, 2025), which establishes permitted-issuer categories, 1:1 reserve backing, redemption rights, and disclosure obligations. Implementing regulations from OCC, FDIC, NCUA, the Federal Reserve, and Treasury remain proposed as of this research pass, with a statutory effective date no later than January 18, 2027.
Absence reason not determinableNo sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason.
no periodic updates on record for this sub-brief
Sources and findings (5)
T4 · The BlockThe Block — The GENIUS Act permits only federally chartered banks, OCC-supervised nonbank issuers, and state-qualified issuers under a certified 'substantially similar' state regime to issue payment stablecoins in the United States.retrieved M5bindingenacted not yet effective
T4 · The BlockThe Block — Permitted payment stablecoin issuers under the GENIUS Act must maintain 100% reserve backing in liquid, low-risk assets such as U.S. dollars or short-term Treasury securities.retrieved M5bindingenacted not yet effective
T4 · The BlockThe Block — The GENIUS Act framework establishes explicit holder redemption rights for payment stablecoins, with implementing timelines and procedures still subject to finalization by federal banking regulators.retrieved M4bindingenacted not yet effective
T4 · The BlockThe Block — Issuers must publish redemption policies and monthly public disclosures of reserve composition under the GENIUS Act framework.retrieved M4bindingenacted not yet effective
T4 · The BlockThe Block — No systemic-designation process or threshold specific to New Mexico or applicable state-qualified issuers has been identified as finalized in this research pass; Treasury's 'substantially similar' state-certification standard remains a proposed rule.retrieved M2non-bindingexpected to resolve as the cycle horizon moves
No New Mexico-specific crypto consumer-protection statute, rule, or regulator guidance (e.g., marketing restrictions, mandated risk disclosures, or crypto-specific custody segregation rules) has been identified. Baseline protections, to the extent any apply, would derive from generic money-transmitter bonding/customer-funds provisions rather than crypto-tailored rules.
Absence reason not determinableNo sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason.
no periodic updates on record for this sub-brief
Sources and findings (2)
T2 · Nationwide Multistate Licensing System / State Regulatory RegistryNationwide Multistate Licensing System / State Regulatory Registry — New Mexico's general money-transmitter licensing framework may impose customer-funds/permissible-investment obligations on licensees, but no crypto-specific custody segregation rule has been independently verified for virtual-currency businesses.retrieved M3non-bindingour coverage gap, expected to resolve on a re-run
T2 · Nationwide Multistate Licensing System / State Regulatory RegistryNationwide Multistate Licensing System / State Regulatory Registry — No New Mexico crypto-specific risk-disclosure or marketing-restriction rule for virtual-currency products has been identified in this research pass.retrieved M3non-bindingour coverage gap, expected to resolve on a re-run
Federal tax treatment of crypto assets as property, with capital-gains and ordinary-income consequences depending on the transaction type, applies to New Mexico taxpayers. No New Mexico-specific crypto tax statute or Taxation and Revenue Department guidance diverging from federal treatment has been independently verified in this research pass.
Absence reason not determinableNo sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason.
no periodic updates on record for this sub-brief
Sources and findings (5)
T4 · CoinDeskCoinDesk — The IRS treats virtual currency as property, so that selling, trading, or spending crypto assets generally produces a capital gain or loss based on the holding period.retrieved M5bindingin force
T4 · CoinDeskCoinDesk — Crypto received through mining, staking rewards, or as compensation is treated as ordinary income at fair market value upon receipt under federal tax rules applicable to New Mexico taxpayers.retrieved M4bindingin force
T4 · CoinDeskCoinDesk — No VAT/GST-equivalent applies to crypto transactions in the United States, including New Mexico, as the U.S. federal and New Mexico state tax systems do not employ a value-added or goods-and-services tax.retrieved M2non-bindinga fact about the regime
T4 · CoinDeskCoinDesk — Taxpayers are required to keep records of crypto transactions and report gains, losses, and income on federal tax forms (e.g., Form 8949, Schedule D, Schedule 1), obligations that flow through to New Mexico filers using federal taxable income as a state filing basis.retrieved M3bindingin force
T4 · CoinDeskCoinDesk — No New Mexico-specific crypto withholding requirement has been identified in this research pass.retrieved M2non-bindingour coverage gap, expected to resolve on a re-run
New Mexico has no state-specific outbound restriction on crypto asset transfers. Federal Bank Secrecy Act obligations, including OFAC sanctions screening and the FinCEN funds/CVC travel rule, apply to New Mexico-licensed money transmitters engaged in convertible virtual currency transmission.
Absence reason not determinableNo sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason.
no periodic updates on record for this sub-brief
Sources and findings (4)
T1 · Financial Crimes Enforcement Network (FinCEN)Financial Crimes Enforcement Network (FinCEN) — New Mexico-licensed money transmitters handling convertible virtual currency are subject to federal OFAC sanctions-screening obligations as BSA-regulated money services businesses.retrieved M4bindingin force
T1 · Financial Crimes Enforcement Network (FinCEN)Financial Crimes Enforcement Network (FinCEN) — FinCEN's funds/CVC travel rule requires money transmitters, including those handling convertible virtual currency, to transmit required originator and beneficiary information for qualifying cross-border transmittals.retrieved M4bindingin force
T2 · Nationwide Multistate Licensing System / State Regulatory RegistryNationwide Multistate Licensing System / State Regulatory Registry — No New Mexico-specific outbound restriction on crypto-asset cross-border transfers has been identified beyond generally applicable federal BSA/OFAC requirements.retrieved M2non-bindinga fact about the regime
T2 · Nationwide Multistate Licensing System / State Regulatory RegistryNationwide Multistate Licensing System / State Regulatory Registry — Specific New Mexico reporting thresholds for cross-border crypto transfers (as distinct from generic federal BSA currency transaction/FBAR thresholds) have not been independently verified in this research pass.retrieved M2non-bindingour coverage gap, expected to resolve on a re-run
This consumer subscribes to the FIM aml_ctf module for AML/CFT baseline content; no AML/CFT-specific claims are produced in this crypto-consumer baseline for New Mexico. New Mexico-licensed money transmitters (including virtual-currency businesses) are independently subject to Bank Secrecy Act obligations as FinCEN-registered money services businesses, which is captured under the FIM subscription rather than duplicated here.
Absence reason not determinableNo sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason.
no periodic updates on record for this sub-brief
Sources and findings (1)
T1 · Financial Crimes Enforcement Network (FinCEN)Financial Crimes Enforcement Network (FinCEN) — AML/CFT obligations for New Mexico crypto businesses are addressed via the FIM aml_ctf module subscription and are not independently asserted in this crypto baseline.retrieved M1non-bindinga fact about the regime
No categories match.
Filters combine as OR inside a group and AND across
groups.
Publication gate
Blocking. 5 failing check(s).
schema_valid
FAIL
min_architecture_patterns
0
min_red_flags
0
min_controls
0
worked_examples_count
0
decision_tree_nodes
0
counterparty_diligence_questions
0
min_t1_per_instrument_met
FAIL
min_quoted_text_present
waived — floor 0%
translation_provenance_recorded
FAIL
egress_verified
pass
board_briefing_present
FAIL
every_practical_object_has_source_id
n/a — no subject in this jurisdiction
source_tier_integrity_ok
pass
jurisdiction_source_floor_met
FAIL
tier_a_b_national_primary_pct
0.0
aggregator_only_jurisdiction_count
0
manual_override
Editorial metadata
Provenance only. Nothing below gates publication or affects the render.
Editorial metadata for New Mexico, USA
Field
Value
trust.lawyer_review.status
never_reviewed
trust.lawyer_review.reviewer
no reviewer on record
trust.content_source
ai_generated
Provenance and declared absence
Disclosure model: module cards load OPEN; standing positions render in full; sub-briefs and jurisdiction briefs load as a clamped teaser with an explicit “read full” control carrying the true word count; earlier updates stay collapsed behind a counted summary. No text is hidden without disclosing how much of it there is.
Sentinel-fed modules receive no special rendering treatment. sentinel_feed is an attribution chip only: it does not suppress content, does not generate an absence reason code, and does not exclude the module from any count, filter, search index or export on this page.
Family taxonomy is renderer-level presentation config, not a JID field. Colour is always duplicated in text and is never the sole carrier of meaning.