Kentucky Passes Bitcoin Rights Bill โ A Game Changer for Crypto? ๐
Big win for Bitcoin! ๐ Kentucky Governor Andy Beshear has officially signed the "Bitcoin Rights" Bill (House Bill 701) into law, securing major protections for crypto users. This legislation:
๐น Safeguards self-custody rights ๐
๐น Prohibits zoning laws against mining โ๏ธ
๐น Exempts mining from money transmitter rules ๐
๐ฅ Next Move? Kentucky is also considering a Bitcoin reserve bill to allocate 10% of excess state funds into BTC! Meanwhile, Oklahoma & Missouri are advancing their own crypto-friendly laws.
๐ฐ Could state-backed Bitcoin reserves drive a new BTC rally? ๐ Drop your thoughts! ๐๐ฅ
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#bitcoin #BTC #crypto #Kentucky #CryptoRegulation