Kentucky Governor of “Bitcoin Rights” characters as a state push cryptic legislation

Governor Kentucky Andy Beshear signed household with houses 701, known as the account of “Bitcoin Law”, damping key protection for digital funds in the state.

The law ensures the right self-detention, the ability to launch block knots and protection against discrimination against crypto-mining operation.

Representative Adam Bowling 19. February, The account He unanimously brought Kentucky’s house (91-0) 28. February and Senate (37-0) 13. Marta before March 24 signed in law.

The law also releases crypto mining from the requirements for a transferring transmitter and prevents placing and mining activities to classify as securities.

Meanwhile, Kentucky considers another account that would allow the state to assign up to 10% of its surplus reserves in Bitcoin (Btc). This proposal remains within the review.

Other states push bills for developers

Kentucky move comes as many other US states they are threatening Legislation related to Bitcoin. Montana advanced The draft law that seeks to establish a reservation that allows investments in Bitcoin, noble metals and stablecoines.

Strategic Law on Strategic Reserve Bitcoin Oklahoma passed State house representatives with 77-15 voting and now moving to the Senate. Separate Oklahoma Bill aims to allow residents to receive salaries in Bitcoin.

Arizona is also pushing forward with two jobs – One creates a digital funding reservation from seized cryptic criminals and another allowing up to 10% of state treasury agents to be awarded to Bitcoin. Both laws cleaned the committee for the performance of home rules 24. Marta and they move towards the vote of the full house.

Laws Bitcoin, Group monitoring of the legislation on digital assets, notes That Oklahoma is now tied with Texas in the “State Bitcoin Race”, while Missouri also reviews the Proposal of Bitcoin Reserve. The growing number of initiatives at the state level reflects the increase in the legislative interest for digital assets across the United States