# Пов'язані статті щодо Kentucky

‘Technologically impossible’: Could Kentucky bill threaten crypto self-custody?

Kentucky's proposed HB 380 amendment aims to regulate cryptocurrency kiosks but includes a controversial provision requiring hardware wallet providers to reset users' seed phrases upon request. The Bitcoin Policy Institute warns this measure would effectively outlaw self-custody, calling it "technologically impossible" and a violation of Bitcoin’s core security principles. They argue it would push users toward centralized custodians, increasing vulnerability to hacks. The amendment, added last minute, has drawn criticism for potentially infringing on residents' rights to secure their digital assets. Meanwhile, only seven U.S. states have established strategic Bitcoin reserves, with the federal government holding the largest share globally.

ambcrypto03/20 12:47