Republican Governor Kevin Stitt approved HB3594, which was introduced in April 2024 by Senators Brian Hill and Bill Coleman.
The initiative was supported by the CEO and co-founder of the Satoshi Action Fund, Dennis Porter, who said that the adoption of the bill set a precedent, and similar laws will inevitably appear in other states.
The norms prescribed in the new law are declarative, since hardware wallets and private mining are not prohibited in the United States. The document can be considered simply part of the American election campaign.
In 2022, Republicans John Montgomery and Ryan Martinez introduced a bill that would provide $5 million in subsidies to miners to offset the cost of equipment and electricity.
In 2020, Oklahoma authorities proposed creating a government organization that would serve as a depository for digital currencies. Objective: Support blockchain development in the state and improve the effectiveness of the fight against money laundering.
Source: Bits
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