{"id":571293,"date":"2026-03-19T21:53:33","date_gmt":"2026-03-19T21:53:33","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/19\/bpi-sounds-alarm-on-backdoor-for-hardware-wallets-in-kentucky-crypto-bill\/"},"modified":"2026-03-19T21:53:33","modified_gmt":"2026-03-19T21:53:33","slug":"bpi-sounds-alarm-on-backdoor-for-hardware-wallets-in-kentucky-crypto-bill","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/19\/bpi-sounds-alarm-on-backdoor-for-hardware-wallets-in-kentucky-crypto-bill\/","title":{"rendered":"BPI sounds alarm on ‘backdoor’ for hardware wallets in Kentucky crypto bill"},"content":{"rendered":"

\"BPI<\/p>\n

Provisions in the state legislation violate the core ethos and value proposition of Bitcoin as an asset that can be held in self-custody, the trade group said.<\/p>\n

Kentucky House Bill 380, a state-level crypto regulatory bill, includes provisions that would force crypto hardware wallet manufacturers to build a \u201cbackdoor\u201d into devices, Bitcoin (BTC<\/a>) advocacy organization Bitcoin Policy Institute (BPI) has warned.\u00a0<\/p>\n

The provisions require crypto hardware wallet<\/a> manufacturers to provide recovery options for users\u2019 seed phrases, and were added to the bill<\/a> in a \u201clast-minute\u201d floor amendment, BPI said<\/a>. The amended Section 33 of the bill reads:<\/p>\n

The sponsors of the legislation are state Representatives Aaron Thompson and Tom Smith.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Provisions in the state legislation violate the core ethos and value proposition of Bitcoin as an asset that can be held in self-custody, the trade group said. Kentucky House Bill 380, a state-level crypto regulatory bill, includes provisions that would force crypto hardware wallet manufacturers to build a \u201cbackdoor\u201d into devices, Bitcoin (BTC) advocacy organization […]<\/p>\n","protected":false},"author":1,"featured_media":571294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-571293","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/571293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=571293"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/571293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/571294"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=571293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=571293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=571293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}