Rhode Island stands at a pivotal moment. As cryptocurrency, particularly Bitcoin, transforms global finance, states like New Hampshire, Arizona, and Texas are adopting crypto-friendly policies, while Rhode Island lags.

Delaying bills on unclaimed crypto, eliminating capital gains taxes, establishing a Bitcoin strategic reserve, and creating a financial sandbox could force the state to buy crypto at exorbitant prices in 2026 or 2027. Here’s why Rhode Island must act in 2025.

With U.S. interest rate cuts looming, the M2 money supply will grow, channeling funds into assets like crypto. The UK-US trade deal and the Bank of England’s rate cut to 4.25% signal global market optimism, boosting crypto demand. New Hampshire and Arizona have Bitcoin reserves, Texas is finalizing its own, and Missouri is eliminating crypto capital gains taxes, securing assets at today’s prices. Bitcoin could hit $200,000 in 2025 and $1 million by 2028, per analysts.

The SEC’s “Crypto Task Force Roundtable” and federal banks’ plans to offer crypto custody signal rising institutional adoption, which will drive prices higher. Rhode Island’s proposed laws—tax exemptions, a strategic reserve, and a blockchain innovation sandbox—could draw investment, create jobs, and secure assets before costs skyrocket.

Waiting risks paying premiums, as “everybody gets Bitcoin at the price they deserve.”

Call to Action: Urge lawmakers to pass Rhode Island’s crypto bills in 2025.

Join organizations like America’s Future, donate to organizations like the Rhode Island Center for Freedom & Prosperity part of the State Policy Network, and help make the state a crypto leader. Act now, or pay dearly later.