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Kentucky Governor signs ‘Bitcoin Rights’ bill as states push crypto legislation Kentucky Governor Andy Beshear has signed House Bill 701, known as the “Bitcoin Rights” bill, into law, securing key protections for digital asset users in the state. The law ensures the right to self-custody, the ability to run blockchain nodes, and protection from discrimination against crypto mining operations. Introduced by Representative Adam Bowling on February 19, the bill unanimously passed Kentucky’s House (91-0) on February 28 and Senate (37-0) on March 13 before being signed into law on March 24. The law also exempts crypto mining from money transmitter license requirements and prevents staking and mining activities from being classified as securities. Meanwhile, Kentucky is considering another bill that would allow the state to allocate up to 10% of its excess reserves into Bitcoin (BTC). That proposal remains under review. Kentucky’s move comes as many other US states are advancing Bitcoin-related legislation. Montana advanced a bill that seeks to establish a reserve allowing investments in Bitcoin, precious metals, and stablecoins. Oklahoma’s Strategic Bitcoin Reserve Act passed the State House of Representatives with a 77-15 vote and now moves to the Senate. A separate Oklahoma bill aims to allow residents to receive salaries in Bitcoin. Arizona is also pushing forward with two bills — one creating a digital asset reserve from confiscated cryptocurrencies and another permitting up to 10% of state treasury funds to be allocated to Bitcoin. Both bills cleared the House Rules Committee on March 24 and are headed for a full House vote. Bitcoin Laws, a group tracking digital asset legislation, notes that Oklahoma is now tied with Texas in the “State Bitcoin Reserve Race,” while Missouri is also reviewing a Bitcoin reserve proposal. The growing number of state-level initiatives reflects increasing legislative interest in digital assets across the U.S. #SECCrypto2.0

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Japanese real estate firm Open House Group now accepts XRP for property payments

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Atai Life Sciences Shifts to Bitcoin! Genius Move or Risky Gamble?

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Russia civic chamber proposes dedicated fund for confiscated crypto assets

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Netflix Director Carl Rinsch Charged With $11M Crypto Fraud Netflix Director Carl Rinsch has been arrested for allegedly defrauding the streaming giant out of $11 million meant for his sci-fi series White Horse. Instead of completing the project, he invested the money in crypto and spent lavishly on luxury cars, antiques, and personal expenses. The case raises concerns about financial oversight in entertainment funding and the volatility of cryptocurrency investments. With Netflix never receiving the completed White Horse series, the allegations highlight the risks of unchecked spending in large-budget productions. Legal experts suggest that Rinsch’s case may set a precedent for stricter financial audits in media financing. Netflix Director Carl Rinsch, best known for directing 47 Ronin, was arrested in West Hollywood on March 18 on charges of wire fraud and money laundering. Prosecutors claim that between 2019 and 2020, he requested an additional $11 million from Netflix, promising to use it for the completion of his sci-fi series White Horse. However, instead of funding production, Rinsch transferred the money into his personal brokerage account. He engaged in speculative stock and crypto trading, losing over half the amount within two months. Now indicted on wire fraud, money laundering, and financial crimes, Netflix Director Carl Rinsch faces up to 90 years in prison if convicted. Acting U.S. Attorney Matthew Podolsky described his actions as "a scheme to steal millions under the guise of television production." Although released on $100,000 bail, Rinsch must appear in a New York court for further legal proceedings. Meanwhile, Netflix never received the completed White Horse series. $AIXBT

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Senate to Vote on Resolution to Repeal IRS DeFi Broker Rule

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IMX Sees Short-Term Surge Following SEC Investigation Conclusion

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Ripple and SEC Reach Agreement on Appeals and Penalties

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Brazil Upholds Ban on Cryptocurrency Compensation Linked to World ID Project

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CBOE Submits Solana ETF Application for Fidelity

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