The Bitcoin Rights Law in Kentucky leads a wave of state -friendly state legislation throughout America

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• Kentucky Governor Andy Bishr has signed the Bitcoin Rights Law (HB701) in the law, and to protect the rights of encryption users in the field of self -friction and the operation of the knot.
• The draft law was passed with the support of consensus in both Kentucky’s house (91-0) and the Senate (37-0)
• The Bitcoin Strategic Reserve Law was also approved in Oklahoma Governmental Parliament (77-15)
• Many states including Arizona, Aklahoma and Missouri enhance Bitcoin reserve legislation
• Kentucky’s law prohibits discrimination against encryption mining and exempt mining from the requirements for licensing money

Kentucky took a big step forward for cryptocurrencies by passing a new law that protects their rights. On March 24, Governor Andy Bishr signed the draft law of the House of Representatives 701, known as the Bitcoin Law, in the law.

This makes Kentucky the latest state to create legal protection for people who use digital assets like Bitcoin.

The new law gives the residents of Kentucky a lot of important protection. It protects their right to keep their cryptocurrency without passing through a third party. This is called the “self -body” in the world of encryption.

Kentucky users can now run their encryption contract without fear of legal cases. The knot is part of the computer network that helps to track cryptocurrency transactions. The law also prohibits changes to dividing local areas that may try to stop encryption mining operations.

We are proud to officially announce that “Bitcoin Rights” has been signed in the law by the Kentucky Governor!

The right to self -monopoly, knot management, and use of digital assets are now protected by millions of Americans without fear of discrimination.

This effort will not … pic.twitter.com/eth2i4cw6

Satoshiaactfund March 24, 2025

Cryptom mining will not require licenses to send money under the new rules. This removes a major organizational obstacle for state workers. The law also shows that the coded currency of mining and the recognition or sale of securities.

Supporting the bill was overwhelming in the Kentucky government. On February 28, the House of Representatives approved the vote of all 91 actors. When I moved to the Senate in the state, all 37 members of the Senate also voted in favor of the bill on March 13.

Kentucky is not the only country to take action on the encrypted currency. The draft law is similar to legislation approved by Oklahoma in May 2024. Oklahoma also works on more encryption laws.

Oclahoma’s House 1203 draft law, which is called the Strategic Bitcoin Reserve Law, has just passed the Government House of Representatives. The vote was 77 to 15 in favor. This bill will lead to the construction of bitcoin reserves for the state government.

The state representative, Cody Mainard, for the first time, presented the Oklahoma bill on January 15. The matter succeeded through the Government Supervisory Committee with a vote 12-2 on February 25. He must now pass through the Senate in Oklahoma before the ruler decides whether he will be signed in the law.

Oklahoma

Another bill in Oklahoma It can allow residents to pay in Bitcoin. Dusty Deevers presented this legislation on January 8. If approved, workers can choose to receive their salaries in the encrypted currency instead of dollars.

According to the Bitcoin Laws Group, Oklahoma is now linked to Texas for the second place in what they call the “Bitcoin government race”. Arizona is currently leading this unofficial competition between the states. Arizona has two strategic digital assets drafts, which just cleared the House of Representatives Bases Committee on March 24.

These bills are now heading to the ground of Arizona’s house for full vote. Bitcoin laws believe that Oklahoma’s bill has a good opportunity to become a law. This is because the Republicans control each of the Senate in Oklahoma and the ruler’s office.

Missouri is also looking to create the Bitcoin Reserve. The Special Committee for International Government Affairs is currently reviewing its Bitcoin reserve bill. This indicates the increasing interest in the cryptocurrency through multiple cases.

Kentucky also introduced a separate bill to create his Bitcoin reserves. If approved, this will allow the government investment committee to put up to 10 % of the excess state reserves in digital assets, including bitcoin. This bill is still reviewed and has not yet been law.

The state laws indicate an increasing direction of the government’s acceptance of cryptocurrencies in the United States. As more countries have passed on laws that protect Bitcoin users and even invest in the digital currency itself, this may lead to more prevailing adoption.