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Kentucky crypto ATM bill faces self-custody concerns
The Block·
A proposed bill in Kentucky concerning cryptocurrency ATMs has introduced a clause related to hardware wallets that critics argue could effectively outlaw self-custody. The provision specifically targets the design of hardware wallets, raising significant questions about the future operability of non-custodial cryptocurrency storage solutions within the state. This development highlights ongoing regulatory challenges and debates surrounding user control and security in the digital asset space, potentially impacting innovation and user freedom.
Tags
regulation
crypto
fintech
Original Source
The Block — theblock.co