Oregon
Bitcoin States
Oregon Governor Tina Kotek signed Senate Bill 167 into law in May 2025, updating the state's Uniform Commercial Code to legally recognize Bitcoin and other digital assets as valid collateral in secured transactions. The law introduces UCC Article 12, classifying Bitcoin as collateral and amending Article 9 to allow digital assets in secured lending, making Oregon one of the first states to establish a clear legal framework for Bitcoin-backed financing.
Details
- State
- Oregon
- Region
- Pacific Northwest
- Status
- ucc_bitcoin_collateral
- Known For
- SB 167 signed May 2025 — first states to recognize Bitcoin as valid collateral under UCC secured transactions
- Income Tax
- Yes
- Legislation
- SB 167 (2025) — Bitcoin recognized as UCC collateral
- Abbreviation
- OR
- Notable Legislation
- SB 167 (May 2025) - Bitcoin recognized as UCC Article 12 collateral
- Bitcoin Mining Rights
- No
- Bitcoin Friendly Score
- medium
More Bitcoin States
Arizona
Signed limited Bitcoin reserve legislation allowing the state to hold Bitcoin from seized assets. Does not authorize active purchases but establishes a framework for state Bitcoin holdings.
New Hampshire
Signed HB 302 into law allowing the state treasurer to invest in digital assets including Bitcoin. Known for its 'Live Free or Die' motto and libertarian leanings that align with Bitcoin values.
Texas
One of the most Bitcoin-friendly states. Passed strategic Bitcoin reserve legislation and purchased ~$5M in BlackRock Bitcoin ETF (Nov 2025). Home to major mining operations and a supportive regulatory environment.
Free Beginners Guide to Buying Bitcoin
New to Bitcoin? Get our complete beginner's guide.