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1 Comment
tldr; Oklahoma Governor Kevin Stitt signed the ‘Bitcoin Rights’ bill into law, ensuring Oklahomans’ rights to mine, transact with, and self-custody cryptocurrencies. The bill, HB3594, also allows residents to use crypto for purchasing legal goods and services without extra taxes and legalizes crypto mining on both personal and industrial scales. Inspired by the Satoshi Action Fund, this legislation aims to make Oklahoma a crypto-friendly state amidst a challenging regulatory environment. The law, effective from November 1, 2024, positions Oklahoma against potential federal crackdowns on crypto self-custody and mining.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.