Nebraska Bitcoin Reserves and Cryptocurrency Laws

Nebraska Bitcoin Reserves and Cryptocurrency Legislation

Nebraska Bitcoin Reserve Overview

No Official Reserves
Friendly Regulatory Status
Regulates Mining and Crypto ATMs

Nebraska Bitcoin Reserves

Nebraska Legislative Breakdown

State	BTC Reserves	% of Global Holdings	Legal Status	Last Updated	Key Laws and Regulations
Nebraska (NE)	No Official Reserves	0%	Friendly	2025-05-20	LB 526 (2025): Signed May 20, 2025; regulates crypto mining, requiring large-scale miners (>1MW) to report energy usage and pay for grid upgrades; allows utility shutdowns during peak demand Controllable Electronic Record Fund Prevention Act (2025): Signed March 7, 2025; requires licenses for crypto ATM operators to combat fraud Nebraska Financial Innovation Act (2021): Authorizes digital asset depository institutions; banks can invest up to 10% in crypto entities Digital Bill of Rights (LB 43, 2024): Proposed protecting self-custody, mining, and node operation; not passed State income tax (2.46–6.64%) and federal capital gains tax (15–20%) apply to crypto earnings ~120,000 residents (~6% of population) use crypto; $2.5B in transactions (2023–2024, est.) Approximately 15 Bitcoin ATMs, primarily in Omaha and Lincoln (2024) No legislation for state-held Bitcoin reserves as of 2025

Nebraska Bitcoin Reserve Status

Current status: NO OFFICIAL RESERVES

Nebraska has not established a state Bitcoin reserve, and no legislation for such a reserve has been proposed as of May 2025. The state is crypto-friendly, with the Nebraska Financial Innovation Act (2021) enabling digital asset depositories and the Controllable Electronic Record Fund Prevention Act (2025) regulating crypto ATMs to curb fraud. LB 526 (2025) regulates large-scale crypto mining to protect the power grid, balancing innovation with infrastructure concerns.

No funds have been allocated for Bitcoin reserves. Nebraska prioritizes regulating crypto mining and ATM operations while fostering blockchain innovation.

5/20/2025

SIGNED INTO LAW

LB 526 was signed by Governor Jim Pillen, regulating large-scale crypto mining operations (>1MW) to report energy usage, pay for grid upgrades, and allow utility shutdowns during peak demand.

3/7/2025

SIGNED INTO LAW

The Controllable Electronic Record Fund Prevention Act was signed, requiring licenses for crypto ATM operators to combat fraud and protect consumers.

1/4/2024

PROPOSED

LB 43, the Digital Bill of Rights, was introduced by Senator Eliot Bostar, aiming to protect self-custody, mining, and node operation; the bill did not pass.

5/26/2021

SIGNED INTO LAW

The Nebraska Financial Innovation Act was enacted, authorizing digital asset depository institutions and allowing banks to invest up to 10% in crypto entities.

Nebraska Bitcoin Reserves and Cryptocurrency Legislation

Nebraska Bitcoin Reserve Overview