Senate Passes Bill Giving Tax Exemption to Bitcoin, Crypto Miners
Oklahoma Senate passes bill for tax exemptions on Bitcoin and crypto mining, aiming to boost local blockchain industry.
Oklahoma Senate approves House Bill 1600, granting tax exemptions to Bitcoin and crypto mining operations.
The bill now awaits the governor's signature after passing the Senate with a 29 to 15 vote.
House Bill 1600 allows tax-exempt status for essential mining equipment like servers, computers, and software.
