---
type: entity
entity_type: organization
name: "North American Securities Administrators Association (NASAA)"
domain: internet-finance
status: active
tracked_by: rio
created: 2026-03-11
key_metrics:
  member_jurisdictions: "50 US states + DC + Puerto Rico + US Virgin Islands + Canadian provinces"
  regulatory_scope: "state-level securities regulation"
---

# North American Securities Administrators Association (NASAA)

## Overview

NASAA represents securities regulators from all 50 US states, the District of Columbia, Puerto Rico, the US Virgin Islands, and Canadian provinces. The organization coordinates state-level securities regulation and has historically taken a conservative stance on digital asset regulation, advocating for state regulatory authority over federal preemption.

## Timeline

- **2026-01-13** — Filed formal concerns regarding the Digital Asset Market Clarity Act, opposing federal preemption of state authority over digital assets

## Relationship to KB

NASAA's coordinated opposition to federal digital asset regulation represents a significant institutional friction force against [[Internet finance is an industry transition from traditional finance where the attractor state replaces intermediaries with programmable coordination and market-tested governance]]. The organization's alignment with 36-state amicus briefs against federal preemption in prediction market cases demonstrates systematic state-level resistance to federal regulatory clarity in digital assets.