- SB 167 signed by Governor Tina Kotek.
- Recognizes crypto as collateral in Oregon.
- Potential institutional lending growth expected.
Governor Tina Kotek signed SB 167 into law on May 7, 2025, in Oregon, formally recognizing cryptocurrencies such as Bitcoin and Ethereum as collateral. This legislation marks a shift in digital asset regulations within the state.
Oregon’s SB 167 is transforming the state’s approach to digital assets, indicating potential shifts in financial practices and market interactions. The law’s clear terms may prompt interest among lenders and borrowers in the crypto space.
The passage of SB 167 by the Oregon legislature modernizes the legal treatment of digital assets like Bitcoin and Ethereum under commercial law. This new law recognizes cryptocurrencies, tokenized assets, and electronic money as collateral, potentially attracting institutional lenders.
Governor Tina Kotek signed the bill, advancing digital asset regulation. It clarifies the legal status of digital assets, providing a framework likely to increase liquidity for individuals and businesses holding these assets.
The state expects immediate impacts on commercial lending, aiming to enhance institutional adoption. The law aims to reduce risks for lenders, providing a more secure environment for crypto-backed lending.
Financial implications involve increased participation by financiers, benefiting holders of digital assets. This legislation may pave the way for other states to adopt similar regulatory measures in the United States.
SB 167’s passage marks a stride in U.S. crypto regulation, potentially setting a precedent for other states. By aligning with Uniform Commercial Code amendments, it may stimulate nationwide adoption among financial institutions.
Crypto Rover, Crypto Influencer, “Oregon has officially signed SB 167 into law, updating the Uniform Commercial Code to clarify the status of digital assets as collateral” – source
