Rhode Island
Bitcoin States
Rhode Island introduced the Digital Asset Investment Act in 2024, allowing the state treasurer to invest up to 10% of certain funds in Bitcoin and other digital assets. The small state has a growing fintech sector and its proximity to Boston and New York connects it to major Bitcoin institutional activity.
Details
- State
- Rhode Island
- Known For
- Digital Asset Investment Act 2024, Boston/NYC proximity, fintech sector
- Income Tax
- Yes
- Abbreviation
- RI
- Notable Legislation
- Digital Asset Investment Act (2024) - 10% treasury allocation
- Bitcoin Mining Rights
- No
- Bitcoin Friendly Score
- medium
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