Altcoins News
By Evie Vavasseur
1 / 13
Industry Pushback Gains Steam. The Blockchain Association jumped into action fast, lobbying Kentucky lawmakers to change the…
2 / 13
What Happens Next. Senator Smith threw crypto advocates a small bone recently, saying he's open to talking with…
3 / 13
Kentucky lawmakers dropped a bombshell bill that's got the crypto world pretty fired up. The proposed legislation aims to regulate digital asset kiosks across the state, but…
4 / 13
State Senator Brandon Smith introduced the bill in the Kentucky Senate, defending it as consumer protection against fraud tied to cryptocurrency kiosk transactions.
5 / 13
Not exactly what Bitcoin fans had in mind.
6 / 13
The Electronic Frontier Foundation got involved too, sending a letter to the Kentucky Senate that didn't mince words.
7 / 13
Things got more interesting when over 20 local blockchain startups banded together on March 15.
8 / 13
But here's the kicker: the Kentucky Department of Financial Institutions won't say a word about any of this.
9 / 13
Senator Smith threw crypto advocates a small bone recently, saying he's open to talking with industry folks about tweaking the bill's language.
10 / 13
The real action happens later this month when committee sessions kick off. These meetings will give lawmakers a chance to hear from both sides, and you can bet the discussions…
11 / 13
Lobbyists worry this bill could set a bad precedent for other states watching from the sidelines.
12 / 13
The timeline for a final decision remains murky. Nobody's saying when the Senate might vote, and potential amendments could drag things out even longer.
13 / 13
Senator Smith's office didn't respond to requests for comment about specific amendment proposals.
The Currency Analytics
Want the full story?