Kentucky's Bitcoin Rights Bill Becomes Law
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Kentucky has enacted House Bill 701, a landmark legislation that provides significant protections for Bitcoin users and miners. The bill ensures self-custody rights, prevents additional taxation on digital asset transactions, shields mining operations from discriminatory zoning, and exempts blockchain nodes from money transmitter rules.
March 26, 2025 | 9:45 am
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The new state law provides robust protections for Bitcoin users and miners, potentially attracting more crypto businesses and investments to Kentucky.
The bill creates a crypto-friendly environment that could increase Bitcoin's legitimacy and attract more investors and miners to the state.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80