Bitcoin Self-Custody and Home Mining Made Legal Rights in Oklahoma After Passage Of Landmark Bill
Portfolio Pulse from Aniket Verma
Oklahoma has become the first U.S. state to declare self-custody of Bitcoin and other cryptocurrencies a fundamental right. The new law, effective from Nov. 1, allows citizens to use, self-custody, and mine digital assets without additional taxes. This comes amid national debates on cryptocurrency regulations.
May 16, 2024 | 7:34 am
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Oklahoma's new law declaring self-custody of Bitcoin a fundamental right is a significant regulatory win for Bitcoin. This could lead to increased adoption and usage within the state, potentially boosting Bitcoin's value.
The law provides legal clarity and support for Bitcoin usage, self-custody, and mining, which could drive higher adoption rates and positively impact Bitcoin's price.
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