Oregon has officially signed Senate Bill 167 (SB 167) into law, marking a significant step in the state’s approach to digital assets. This bill legalizes the use of Bitcoin as collateral, providing clear regulatory frameworks for cryptocurrencies within its jurisdiction. The legislation clarifies how digital assets like Bitcoin are treated, positioning Oregon as a leader in fostering innovation and adoption of crypto technologies. SB 167 establishes distinct legal definitions and protections around digital assets, allowing them to be recognized as personal property with the ability to serve as collateral in various financial transactions. This move opens doors for increased investment and lending activity while promoting confidence within businesses and institutions operating in Oregon’s growing tech sector.