Bitcoin Laws in Rhode Island
Track the progress of bitcoin legislation in Rhode Island, including Strategic Bitcoin Reserve (SBR) bills, regulations, and new laws affecting cryptocurrency in the state.
Recent Activity
| Issues | Party | ||||
|---|---|---|---|---|---|
H5121 | Creates a process for licensure and oversight by DBR over the practices and procedures of virtual currency kiosk operators to prevent fraud related to the use of virtual currency kiosks, by establishing daily transaction limits and the regulating of fees. | Kiosks MTL Consumer Protection | D | Enacted | Jun 23, 2025 |
S0016 | Creates a process for licensure/oversight by DBR over the practices/procedures of virtual currency kiosk operators to prevent fraud related to the use of virtual currency kiosks, by establishing daily transaction limits and regulation of fees. | Unclaimed Property Consumer Protection MTL | D | Enacted | Jun 23, 2025 |
S0373 | JOINT RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY BLOCKCHAIN AND CRYPTOCURRENCY (Creates a 5 member commission to recommend legislative proposals for blockchain and cryptocurrency, and submit an interim progress report by January 5, 2026, and a final report by January 5, 2027, and would expire on February 5, 2027.) | Study Committee | D | Enacted | Jun 10, 2025 |
H6007 | Allows the state treasurer to acquire, hold and have the option to invest uncommitted funds in digital assets. | Reserve & Investment | D | Failed/Dead | May 15, 2025 |
S0451 | Exempts the sale of Bitcoin from state income tax, if such sale is valued at less than one thousand dollars ($1,000). | Tax | D | Failed/Dead | May 15, 2025 |
Rhode Island Legislature
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