CoinStats - Bitcoin Regulatory Framework Update: Arizona ...

Arizona's Digital Asset Reserve Bills Move Forward, But Governor's Veto Threat Looms

Two bills, which aim to establish digital asset reserves in Arizona, cleared the state’s House Rules Committee on March 24th and have now advanced to the House floor for a full vote. The proposed legislation includes the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which is expected to position Arizona as the first state to create a strategic digital asset reserve. Arizona’s Digital Ass…

CoinStats - Bitcoin Regulatory Framework Update: Arizona ...

The recent updates to the Bitcoin regulatory framework have sparked debate among investors and analysts, with some questioning its feasibility. Both Kentucky and Arizona have moved forward with historic investment bills which seek to merge digital assets into their financial systems. These reforms will establish a better Bitcoin and cryptocurrency regulatory system which positions both states as upcoming centers of blockchain advancement. These …

Kentucky Governor Signs House Bill 701 to Protect Bitcoin and Crypto Rights

The bill received overwhelming bipartisan support, passing the House 91-0 and the Senate 37-0 earlier this year before final approval. Key Provisions of HB 701: Empowering Crypto Users in Kentucky HB 701, titled “An Act relating to blockchain digital assets,” introduces several important measures to support a crypto-friendly environment in Kentucky. The legislation guarantees that individuals have the right to hold and manage their cryptocurrenc…

Kentucky Enacts Bitcoin Rights Bill as State Bitcoin Reserves Gain Momentum - WorldNL Magazine

TLDR Kentucky Governor Andy Beshear signed the “Bitcoin Rights” bill (HB701) into law, protecting crypto self-custody rights The bill passed with unanimous support in both Kentucky’s House and Senate Oklahoma’s Strategic Bitcoin Reserve Act passed the State House (77-15) and now heads to the Senate Multiple states including Arizona, Texas, and Missouri are advancing Bitcoin reserve legislation Kentucky has also introduced a bill to allow up to …

Final Senate Vote Could Seal First Crypto-Related Bill Into U.S. Law - Bitcoinsensus

The Senate prepares for a decisive vote on nullifying the IRS DeFi broker rule.

Kentucky advances in the regulation of cryptocurrencies by signing a Bitcoin Rights Act, a movement that positions the state at the forefront of the digital financial sector in the United States. *** Kentucky signs a new law that protects the rights to self-custodial Bitcoin. The state advances in the technological career with a broad legal framework for crypto operations. This effort could have a positive impact on Kentucky’s digital economy. I…