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Oklahoma signs self-custody and mining protections

Oklahoma enacts statutory protections for self-custody, node operation, and certain forms of Bitcoin mining.

On May 13, 2024, Oklahoma signs self-custody and mining protections. Oklahoma enacts statutory protections for self-custody, node operation, and certain forms of Bitcoin mining.

The law protected specified self-custody, payment and mining activities at the state level. For Bitcoin users, it addressed both possession of private keys and the operation of proof-of-work infrastructure.

The event marks a change in the legal environment around Bitcoin access, custody, mining, reporting or financial products, with consequences determined by the specific jurisdiction and stage of the action.

Sources

  1. Oklahoma Legislature: HB 3594 bill history