Kentucky HB 701 (2025 RS), "AN ACT relating to blockchain digital assets": bill record. Signed by Governor 2025-03-24 (Acts Ch. 50)
Document text
Research, not advice. Part of the Bitcoin research archive (October 2026). Claims labelled unverified, contested or fringe are reported, not endorsed; statuses of bills and rules are as of the date checked. Government, court and patent records are public domain; the research notes are CC BY 4.0.
25RS HB 701
Kentucky
General Assembly
Search
Legislators
Legislators
Senate Members
House Members
Who's My Legislator
Contact a Member
Committees
Committees
House Standing Committees
Senate Standing Committees
Interim Joint Committees
Special Committees
Statutory Committees
Caucuses
Prior Committee Information
Bills
Kentucky Law
Kentucky Law
Kentucky Administrative Regulations
Kentucky Administrative Regulations
KAR List by Title
Registers
KAR FAQs
Last Effective Dates, Expirations, and Certifications
Current Emergency Regulations by Number
Kentucky Revised Statutes
Kentucky Revised Statutes
Statute Revision Information
KRS Title Page
Certified Versions
History & Functions
Normal Effective Dates
Extraordinary Session since 1940
Acts of the Kentucky General Assembly
Kentucky Constitution
Public Services
Public Services
Geographic Information Systems
Geographic Information Systems (GIS)
Maps
Redistricting Information
GIS Data
Map Requests
Public Information Office
Public Information Office
Radio News Releases
News Releases
News Photos
Video Productions
Capitol Campus Identification Badges
School Group Tours
Live Streams
Public Bill Room
Peggy King Legislative Reference Library
Legislative Research Commission
Legislative Research Commission
LRC Organizational Chart
Glossary of Legislative Terms
LRC Publications
LRC Publications
LRC Research Reports
LRC Informational Bulletins
LRC Research Memoranda
LRC Interactive Features
Office of Education Accountability
Office of Education Accountability
OEA Hotline
OEA Publications
OEA Staff
Office of Economic Analysis
Office of Health Data Analytics
Agency Reports
Career Opportunities
Visitors & Education
Visitors & Education
Educational Resources for Teachers
Directions and Local Maps
Postsecondary Internship Opportunities
Annex Committee Room Reservations
Capitol Campus Identification Badges
Presenting to the Legislative Committees
Legislation
2025 Regular Session
House Bills
House Bill 701
House Bill 701
Actions
|
Amendments
Last Action
03/24/25: signed by Governor (Acts Ch. 50)
Title
AN ACT relating to blockchain digital assets.
Bill Documents
Acts Chapter 50
Current/Final
Introduced
Bill Request Number
329
Sponsors
A. Bowling,
T. Roberts
Summary of Enacted Version
Creates new sections of KRS Chapter 369 to define terms relating to blockchain technology; allows individuals to use digital assets and wallets; provides guidelines for operation of a node; amends KRS 286.11-007 to exclude development or deployment of a blockchain protocol, exchange of digital assets, and operation of a node from money transmitter license requirements; and amends KRS 292.340 to provide that staking as a service shall not be deemed to be offering or selling a security.
Legislative History
Summary of Original Version
Create new sections of KRS Chapter 369 to define terms relating to blockchain technology; allow individuals to use digital assets and self-hosted wallets; prohibit local zoning changes that discriminate against a digital asset mining business; provide guidelines for operation of a node; amend KRS 286.11-007 to exclude home digital asset mining, digital asset mining business, and the operation of a node from money transmitter license requirements; amend KRS 292.340 to provide that digital asset mining or staking as a service shall not be deemed to be offering or selling a security.
Index Headings of Original Version
Energy - Digital asset mining businesses, node operations, requirements
Land Use - Digital mining businesses, local ordinances, zoning
Local Government - Digital mining businesses, local ordinances, zoning
Planning and Zoning - Digital mining businesses, local ordinances, zoning
Taxation, Income--Corporate - Digital asset mining business, node operations, staking
Taxation, Income--Individual - Digital asset mining, node operations, staking
Information Technology - Digital asset mining business, node operations, staking
Technology - Digital asset mining businesses, node operations, requirements
Technology - Digital mining businesses, local ordinances, zoning
Jump to Proposed Amendments
House Committee Substitute 1
Votes
Vote History
Actions
Top
|
Amendments
02/19/25
introduced in House
to Committee on Committees (H)
02/25/25
to Banking & Insurance (H)
02/26/25
reported favorably, 1st reading, to Calendar with Committee Substitute (1)
02/27/25
2nd reading, to Rules
posted for passage in the Regular Orders of the Day for Friday, February 28, 2025
02/28/25
3rd reading, passed 91-0 with Committee Substitute (1)
03/04/25
received in Senate
to Committee on Committees (S)
03/06/25
to Banking & Insurance (S)
03/11/25
reported favorably, 1st reading, to Calendar
03/12/25
2nd reading, to Rules
posted for passage in the Regular Orders of the Day for Thursday, March 13, 2025
03/13/25
3rd reading, passed 37-0
03/14/25
received in House
enrolled, signed by Speaker of the House
enrolled, signed by President of the Senate
delivered to Governor
03/24/25
signed by Governor (Acts Ch. 50)
Proposed Amendments
Top
|
Actions
Amendment
House Committee Substitute 1
Summary
Retain original provisions, except remove references to "digital asset mining," "digital asset mining as a service," "digital asset mining business," and "home digital asset mining"; delete section 3 relating to local zoning prohibitions.
Index Headings
Land Use - Digital mining businesses, local ordinances, zoning
Local Government - Digital mining businesses, local ordinances, zoning
Planning and Zoning - Digital mining businesses, local ordinances, zoning
Information Technology - Digital asset mining business, node operations, staking
Technology - Digital asset mining businesses, node operations, requirements
Technology - Digital mining businesses, local ordinances, zoning
Last updated: 7/24/2025 3:26 PM (EDT)
About
Contact Us
Career
Opportunities
Site Map
Calendars
Legislative Calendar
Regular Session
Calendar
Interim Calendar
Standing
Committee Schedule
Miscellaneous
Kentucky Educational Television
Legislative Ethics Commission
Office
of Educational Accountability
Copyright
Kentucky
Legislative Research Commission
All rights Reserved
Policies
Security
Disclaimer
Accessibility