Category: Oregon

As of 2024, Oregon’s approach to cryptocurrency and blockchain technology legislation reflects a cautious yet progressive stance. The state’s legislative framework primarily focuses on incorporating blockchain technology in various sectors while maintaining a watchful eye on the rapidly evolving cryptocurrency market. 1. Regulatory Framework for Virtual Currencies: Oregon’s Money...

Prior to 2023, Oregon had a unique approach to cryptocurrency regulation, shaped by a combination of legislative action and administrative interpretation. The state’s Money Transmitter Act, while not explicitly including “virtual currencies” or “monetary value,” was interpreted by the State to include virtual currencies such as Bitcoin under its...