Rhode Island is lagging in the global and national push to embrace cryptocurrency as a strategic asset. While states like New Hampshire and Arizona have already established Bitcoin and altcoin reserves, and Texas is on the verge of passing landmark legislation, Rhode Island has yet to act. Meanwhile, Missouri is moving to eliminate capital gains taxes on crypto to drive innovation and investment.

Globally, momentum is accelerating. A Beijing-based think tank has urged the Chinese government to adopt a Bitcoin reserve, and Pakistan’s crypto minister recently announced plans to mirror the U.S. government’s approach. Even North Korea is reportedly exploring strategic crypto reserves—highlighting just how wide the gap has become. The absence of proactive policy in Rhode Island is even more noticeable as pro-crypto movements gain steam across the world. Poland and South Korea have elected pro-crypto governments, and Stand With Crypto is expanding globally, with new chapters in Australia, Canada, and the UK.

In the U.S., the New Jersey chapter is preparing a major bipartisan rally on June 5, 2025, featuring artists like Big Sean and 070 Shake to promote crypto-forward candidates.

Here in Rhode Island, Stand With Crypto recently appointed Kade Almendinger as chapter lead. But without bold moves—like a strategic Bitcoin reserve or tax incentives—Rhode Island risks missing out on economic diversification, job creation, and a leadership role in the digital finance economy.

This is a bipartisan issue. Whether your conservative, liberal, or independent, crypto policy affects Rhode Island’s future prosperity.

If you’re a Rhode Island resident who believes our state should be part of the financial future, get involved. Join Stand With Crypto RI, contact your state legislators, and ask where they stand on building a crypto-ready Rhode Island.