Oklahoma is making waves in the digital asset landscape with a brand new bill that grants residents the power to hold and manage their crypto with confidence. Signed by Governor Kevin Stitt, this legislation, dubbed OKHB3594, breaks new ground by safeguarding Oklahomans' right to self-custody their digital riches.

Imagine your Bitcoin being like a gold bar you keep under your mattress – this bill guarantees that right. No more limitations on using hardware wallets or self-custody solutions. Oklahomans are now in the driver's seat when it comes to their crypto holdings.

This bill goes even further, championing the rights of crypto miners. It eliminates the need for a money transmitter license for both home-based and industrial mining operations, as long as they keep the noise down according to local ordinances. Plus, discriminatory electricity rates for crypto miners are a thing of the past.

But wait, there's more! This bill also treats cryptocurrencies like any other form of payment. Oklahomans can now freely use their crypto for everyday purchases without facing additional taxes or fees solely because they're using digital assets.

Industry leaders are applauding this move. Dennis Porter, CEO of Satoshi Act Fund, hailed the bill as a protector of fundamental Bitcoin rights. He emphasizes that financial autonomy is crucial for building a better future, and this legislation empowers Oklahomans to take control of their financial destinies.

Oklahoma's bold move towards self-custody and fair treatment of crypto miners and users is a significant development in the world of digital assets. With this bill, the Sooner State is staking its claim as a haven for crypto enthusiasts and innovators.