Kentucky Senate unanimously passes bill protecting Bitcoin self-custody rights and digital asset mining
reported by Bitcoin Magazine, the Kentucky State Senate unanimously passed a bill to protect the right to self-custody of Bitcoin and digital asset mining by a vote of 37-0. The bill, named "AN ACT relating to blockchain digital assets" (HB 701), has now been sent to the Governor's office for final approval.
The bill, introduced by Adam Bowling and T.J. Roberts, confirms the right of individuals to self-custody digital assets through self-custody wallets. Additionally, the bill prevents local zoning laws from discriminating against digital asset mining companies, ensuring that Bitcoin miners can operate freely within the state.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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