December 10, 2023

Oklahoma proposed creating a cryptocurrency depository

Oklahoma Senator Nathan Dahm has proposed creating a government organization that wouldAct as a depository for digital currencies.

Dam stressed that he seeks to provide infrastructure and support the development of blockchain by the state. Judging by the published documents, the bill will be submitted to Congress in February.

“The new financial institution shouldsupported by technologies like blockchain. It should have the highest level of knowledge in the field of customer identification and combat money laundering, ”the statement says.

In case the senators approve the proposal, forTo create a depository for digital currencies, officials will need to “coordinate and develop plans, as well as recommendations and legal regulations.”

Recall that the other day a bill was introduced in the US Congress, which proposes to exclude cryptocurrency transactions worth less than $ 200 from the tax base.