# ANNEX N - U.S. ACTIVATION GROUPS, SOURCE FREEZE & DEPLOYMENT CHECKLIST

> Balanced Exchange Framework (BEF) - Framework Version 1.0, 2026-08-22.
> Source of record: https://balancedexchangeframe.work/doc/annex-n

State groupings are operational triage, not legal conclusions. Any material factual change can move a state to a stricter group.

| Group | States | Deployment rule |
| --- | --- | --- |
| Group A - strongest own-account/principal/B2B basis | Florida; Illinois; Kansas; Kentucky; Maine; Minnesota; North Dakota; Ohio; Pennsylvania (B2B); Rhode Island | P08 may activate after CP-40/41/47/48 and state record; no customer-service drift. |
| Group B - low/separate state VC-MT burden | Hawaii; Montana; New Hampshire; West Virginia | Confirm current regulator position and non-MT federal/state overlays. |
| Group C - favorable but fact-specific | Idaho; Louisiana; Maryland; Massachusetts (B2B); New Jersey; Tennessee; Texas; Utah; Virginia; Wisconsin; Delaware (transition) | Obtain written counsel/regulator classification before targeting. |
| Group D - general MT/MTMA, no explicit safe harbor located | Alabama; Alaska; Arizona; Arkansas; Colorado; Connecticut; Georgia; Indiana; Iowa; Michigan; Mississippi; Missouri; Nebraska; Oklahoma; South Carolina; South Dakota; Wyoming | CONDITIONAL; no launch by assumption from silence. |
| Group E - high-friction / HOLD | California; Nevada; New Mexico; New York; North Carolina; Oregon; Vermont; Washington; District of Columbia | No targeted P08 launch until licence/exemption/written determination is closed. |

### U.S. deployment checklist

• Identify exact U.S. legal entity, seller/counterparty type and state residence/place of business.

• Confirm CP-40 asset/transaction classification and whether LANA/overlay is a security, digital commodity, payment stablecoin or other asset.

• For P08, certify CP-41 factual invariants: own capital, own account, no customer custody/accounts/orders, direct treasury ownership, discretionary acceptance and independent resale risk.

• Open/refresh State Activation Record for the target state using current statute/regulator guidance; do not use Annex M beyond its source-freeze without re-check.

• Run OFAC/Clean Provenance and applicable KYB/KYC/tax documentation before acceptance.

• Ensure website/UI terminology matches P08: Treasury Acquisition / Purchase Offer / Seller / Counterparty; no Exchange/Cash-out/Guaranteed Buyback/client balance language.

• For P07, use BuyLana.com / Buy Registered LANA terminology; identify the actual seller before purchase; show fixed quantity, price/basis, Split, wallet, delivery/refund terms; no Exchange/Fund/Guaranteed Return/Guaranteed Liquidity language.

• Block Mode B, custody, Lana8Wonder retail and Direct.Lana.Fund public/retail unless the relevant HOLD gate is formally closed.

• Approve U.S. communications under SEC/state anti-fraud and consumer standards; remove guaranteed Split/future-value claims.

• Record bank/PSP, fiat owner, crypto owner, settlement timing, transaction hash and accounting treatment.

• Set next legal review date and Regulatory Change Trigger owner.

_**• For P24 external Native Coins, open a separate Coin Integration Profile and COIN x PRODUCT x STATE record; do not inherit LANA, BTC or another coin’s classification.**_

### Source-freeze rule

Federal and state U.S. legal/source freeze for Annexes L-N: 18 August 2026. Because state digital-asset statutes are changing rapidly, a READY* row is operational permission only after a fresh pre-launch verification. No row is a regulator approval, legal opinion or guarantee that a court/regulator will adopt the same characterization.