Kentucky governor signs ‘Bitcoin Rights' bill into law
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Kentucky governor Andy Beshear signed the 'Bitcoin Rights' bill into law, providing protections for crypto users including self-custody rights, node operation, and safeguards against mining discrimination. The bill passed unanimously in both state legislative chambers and mirrors similar legislation in Oklahoma. Additionally, Kentucky is considering a bill to establish a Bitcoin reserve, potentially allocating up to 10% of state excess reserves into digital assets.
March 25, 2025 | 6:30 am
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Kentucky's unanimous passage of the Bitcoin Rights bill signals growing state-level support for cryptocurrency, potentially increasing investor confidence in Bitcoin.
The bill provides legal protections for Bitcoin users and signals potential state investment, which could positively impact Bitcoin's perception and value.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80