The state of Oklahoma 🇺🇸 passed a bill to protect Bitcoin rights. Governor Kevin Stitt signed the bill into law on May 13, 2024.
This law ensures self-custody of assets, allowing individuals to keep their own digital assets.
The law allows the use of bitcoin and other digital currencies for transactions without incurring additional taxes, tax-wise aligning digital assets with traditional fiat currencies. The goal of this law is to simplify the use of cryptocurrencies in everyday transactions.