Saturday, June 28, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Kentucky Senate Passes Bill Protecting Bitcoin Self-Custody Rights

March 15, 2025
in Bitcoin
Reading Time: 2 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on TwitterShare on E Mail


Yesterday night, the Kentucky Senate unanimously handed a invoice aimed toward defending Bitcoin self-custody rights and digital asset mining operations. With a decisive 37-0 vote, the laws, titled AN ACT referring to blockchain digital belongings (HB 701), now strikes to the Governor’s desk for ultimate approval.

NEW: 🇺🇸 Kentucky Senate passes invoice that may defend Bitcoin self custody rights with 0 votes in opposition to it.

The invoice now heads to the Governors desk. pic.twitter.com/HPciWIgpZO

— Bitcoin Journal (@BitcoinMagazine) March 14, 2025

Sponsored by Representatives Adam Bowling and T.J. Roberts, the invoice affirms the proper of people to self-custody digital belongings by means of self-hosted wallets. Moreover, it prevents native zoning legal guidelines from discriminating in opposition to digital asset mining companies, guaranteeing that Bitcoin miners can function freely inside the state.

The invoice outlines a number of key provisions, together with:

Safety for Bitcoin self-custody: People have the authorized proper to make use of and retailer digital belongings in self-hosted wallets. Prohibition of discriminatory zoning legal guidelines: Native governments can’t impose zoning modifications that unfairly goal digital asset mining companies. Exemptions from cash transmitter licensing: House Bitcoin miners and digital asset mining companies are exempt from Kentucky’s cash transmitter necessities. Clarification of securities legal guidelines: Digital asset mining and staking as a service are explicitly not labeled as securities beneath Kentucky legislation.

@Rawlings4Ky is carrying HB 701 which protects using digital belongings and self-hosted wallets, prevents native zoning discrimination in opposition to digital asset mining companies, and establishes tips for blockchain node operations. It shields node operators and staking… pic.twitter.com/1crnd8mqQS

— KY Senate Majority (@KYSenateGOP) March 13, 2025

After passing by means of the Kentucky Home with a 91-0 vote on February 28, 2025, the invoice moved swiftly by means of the Senate. The March 13 vote noticed full bipartisan help, with 37 senators voting in favor, zero opposed, and one not voting.

The laws now awaits the Governor’s signature, which might formally enshrine Bitcoin self-custody protections and digital asset mining rights into Kentucky legislation. If signed, Kentucky will turn out to be one of many extra Bitcoin-friendly states within the nation, setting a precedent for different states to comply with.





Source link

Tags: billBitcoinKentuckyPassesprotectingRightsSelfCustodySenate
Previous Post

Bitcoin’s next big test is coming

Next Post

New Trump Binance Deal Explained: CZ Embraces U.S. Crypto

Related Posts

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally
Bitcoin

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally

June 28, 2025
29.02% Of Supply Locked Signals Long-Term Conviction
Bitcoin

29.02% Of Supply Locked Signals Long-Term Conviction

June 27, 2025
The Future of Crypto Security: Why True Self-Custody Is Essential – Insights from Andrey Lazutkin, CTO of Tangem
Bitcoin

The Future of Crypto Security: Why True Self-Custody Is Essential – Insights from Andrey Lazutkin, CTO of Tangem

June 27, 2025
Bitcoin Hashrate Sees Largest 1-Day Surge in Months
Bitcoin

Bitcoin Hashrate Sees Largest 1-Day Surge in Months

June 27, 2025
Trump Administration Moves to Let Crypto Count Toward Mortgages
Bitcoin

Trump Administration Moves to Let Crypto Count Toward Mortgages

June 27, 2025
Boom Or Bust? Dogecoin Awaits Critical Signal, Says Analyst
Bitcoin

Boom Or Bust? Dogecoin Awaits Critical Signal, Says Analyst

June 27, 2025
Next Post
New Trump Binance Deal Explained: CZ Embraces U.S. Crypto

New Trump Binance Deal Explained: CZ Embraces U.S. Crypto

XRPTurbo Raises Over 70,000 $XRP In Token Presale, Is This The Ripple Altcoin To Watch Out For In 2025?

XRPTurbo Raises Over 70,000 $XRP In Token Presale, Is This The Ripple Altcoin To Watch Out For In 2025?

Ahead of game-changing EU legislation, Tefaf Maastricht opens to satisfactory sales – The Art Newspaper

Ahead of game-changing EU legislation, Tefaf Maastricht opens to satisfactory sales - The Art Newspaper

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In