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Patrick Hynes: New Hampshire just became 'first in the nation' on crypto; let’s keep it that way

  • On May 7, Oregon and Arizona passed laws integrating digital assets like Bitcoin into their commercial and public finance frameworks.
  • These laws build on efforts to modernize commercial codes and allow digital assets as collateral or fund reserves, reflecting growing crypto acceptance.
  • Oregon’s Senate Bill 167 updates its Uniform Commercial Code to recognize digital assets in secured lending, while Arizona created a state-run Bitcoin reserve from abandoned crypto.
  • Governor Kotek emphasized that enacting Senate Bill 167 represents important progress toward updating the state's commercial framework to incorporate digital assets, thereby clarifying their legal status.
  • These changes could increase institutional participation, support decentralized finance growth, and encourage other states to update laws for the evolving crypto market.
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Crypto Digital Currency News © broke the news in on Thursday, May 8, 2025.
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