Key Takeaways
- Oklahoma has passed legislation to protect rights to own and manage Bitcoin.
- The bill supports Bitcoin mining and the operation of full nodes.
- The law counters recent U.S. federal actions against Bitcoin-related activities.
Oklahoma lawmakers have passed a bill ensuring the rights to self-custody Bitcoin, mine, operate full nodes, and engage in digital asset transactions.
Porter’s advocacy for self-sovereignty
Dennis Porter, founder of Satoshi Action Fund, emphasized the importance of the bill, highlighting its role in enabling Bitcoin mining and promoting local economic growth.
Without the ability to manage our own wealth and assets, we are no longer in control of our own destiny.
Response to federal regulatory actions
As Oklahoma strengthens Bitcoin rights, it joins other states reacting to increasing federal scrutiny.