The U.S. state of OK (Oklahoma) signed a bill to protect cryptocurrency spending, mining and self-custody; it will take effect on November 1.

Under the new law, the Oklahoma government cannot prohibit, restrict or impair the use of cryptocurrency in purchases or cryptocurrency self-custody. In addition, state and local governments cannot impose additional taxes or other fees specifically for cryptocurrency, and it is legal to participate in any type of mining, thereby protecting cryptocurrency mining and mining operations.