Kentucky legalizes bitcoin mining and storage without restrictions — Coinpaprika
💰 Kentucky legislators have passed bill HB 701, which enshrines the right to self-custody of bitcoins, protects mining from local restrictions, and exempts staking and mining operations from regulation as securities.
📄 The document also removes some licensing barriers, lowering the entry threshold for private miners and node operators. In addition, the state is considering creating a bitcoin reserve for budget investments.
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Kentucky legalizes bitcoin mining and storage without restrictions — Coinpaprika
💰 Kentucky legislators have passed bill HB 701, which enshrines the right to self-custody of bitcoins, protects mining from local restrictions, and exempts staking and mining operations from regulation as securities.
📄 The document also removes some licensing barriers, lowering the entry threshold for private miners and node operators. In addition, the state is considering creating a bitcoin reserve for budget investments.