Bitcoin Laws

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.

Current Legislation

5 Bills

H5564Establishes an economic growth blockchain, regulates virtual and digital assets, and establishes depository banks for these purposes.

Committee 1

H5810JOINT RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY BLOCKCHAIN AND CRYPTOCURRENCY (Creates a 7-member commission to for proposals encouraging a positive economic environment for blockchain and cryptocurrency, and would submit an interim report by January 5, 2026, a final report by January 5, 2027, and expires on February 5, 2027.)

Committee 1

H5868Prohibits the compelled production of a private key as it relates to a digital asset, digital identity or other interest or right.

Committee 1

H6007

SBR

Allows the state treasurer to acquire, hold and have the option to invest uncommitted funds in digital assets.

Committee 1

S0451Exempts the sale of Bitcoin from state income tax, if such sale is valued at less than one thousand dollars ($1,000).

Committee 1

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Rhode Island Legislature

House

D: 64

R: 10

I: 1

Senate

D: 34

R: 4