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A new Kentucky bill could effectively ban crypto self-custody by requiring hardware wallets to include seed phrase recovery backdoors ,
This goes against the core design of non-custodial wallets, where users — not manufacturers — control private keys.
Experts warn it’s a technical impossibility and a direct threat to Bitcoin’s security model .
If passed, it could push users toward centralized custody and weaken financial sovereignty.
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#Bitcoin #CryptoPolicy #Gate13thAnniversaryGlobalCelebration #TradFiIntroducesMultiLeverageFirst