Kentucky, USA Bitcoin Reserves and Cryptocurrency Policies
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Kentucky, USA Bitcoin Reserves and Cryptocurrency Policies

Kentucky proposes a Strategic Bitcoin Reserve with up to 10% of public funds via HB 482, while the 'Bitcoin Rights' law fosters mining and self-custody as of May 2025.

Bitcoin Reserves

0 BTC
HB 482, HB 376 pending

Regulatory Stance

Friendly
HB 701 protects self-custody, mining

Government Activity

HB 482, HB 376 propose reserve
Mining hub via HB 701

Kentucky Cryptocurrency Profile

State BTC Reserves % of Global Holdings Legal Status Last Updated Key Policies
Kentucky, USA 0 BTC Estimated 0% Friendly 2025-05-21
  • HB 482 proposes investing up to 10% of public funds in cryptocurrencies like Bitcoin (introduced 2025, pending)
  • HB 376 authorizes digital asset investments by State Investment Commission (introduced February 6, 2025, pending)
  • HB 701 (โ€œBitcoin Rightsโ€ law, passed March 24, 2025) protects self-custody, node operation, and mining, bans discriminatory regulations
  • 6% state income tax; federal capital gains tax (15โ€“20%) applies to crypto profits
  • Crypto not legal tender; regulated under federal securities and state money transmission laws
  • ~400,000 residents (~9% of population) use crypto; $5B in transactions (2023โ€“2024)
  • Mining incentivized with tax breaks (HB 230, SB 255, 2021) and HB 701 protections