Oklahoma Enacts Landmark Bitcoin Rights Law Effective November 1, 2024

May 15, 2024, 12:03 PM

Governor Kevin Stitt of Oklahoma has signed HB3594 into law, making Oklahoma the first state to formally recognize and protect the rights of its citizens to run a node, mine, and self-custody Bitcoin. The new law, effective November 1, 2024, ensures the right to self-custody, transact, and mine Bitcoin, marking a significant step in the regulation of digital assets. The bill, advocated by Dennis Porter and the Satoshi Action Fund, is seen as a model that could influence other states.