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US State Oklahoma governor to sign Bitcoin-friendly “House Bill 1600”

US State Oklahoma governor to sign Bitcoin-friendly “House Bill 1600”
Senate Passes Bill Giving Tax Exemption to Bitcoin, Crypto Miners. Read This Full Report

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Oklahoma Governor Ready to Approve Bill Supporting Bitcoin Mining

The governor of Oklahoma is poised to give the green light to House Bill 1600, which aims to create a more favorable environment for Bitcoin mining companies in the state. The bill, which recently passed in the state Senate and House, would provide tax exemptions to Bitcoin and crypto mining operators. Governor Kevin Stitt is reportedly eager to sign the bill, a move that has been hailed by crypto enthusiasts as a significant step for the industry's adoption in the state. This development comes at a time when many US politicians are showing support for crypto adoption, with former President Donald Trump and independent presidential candidate Robert Francis Kennedy Jr. both expressing their intentions to push for clear regulatory rules and laws for crypto in the country.

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