Kentucky Governor Andy Beshear has signed the "Bitcoin Rights" bill, securing rights for crypto users in Kentucky. This bill solidifies protections such as self-custody of digital assets, running a crypto node, and bans zoning changes against crypto mining. Introduced by Rep Adam Bowling, the bill allows up to 10% of excess state reserves in Bitcoin.
With this move, Kentucky joins the ranks of Oklahoma and Arizona in the race for state-level Bitcoin adoption. Skeptics might see this as a quirky maneuver in the ever-evolving relationship between state governance and digital currency, much like a fish seeking freedom outside its glass bowl.