Crypto wallets to offer a backdoor recovery if buried amendment to state bill passes Senate

This month, Kentucky lawmakers advanced another bill that critics say could make self-custody impossible for hardware wallet manufacturers to deliver without building a backdoor into their products. It comes after passing a bill last year protecting residents‘ right to use crypto wallets. The vehicle is HB 380, a consumer-protection measure aimed at cryptocurrency kiosks. Its core provisions are substantive: a $2,000…