Oregon Bitcoin Reserves and Cryptocurrency Laws

Oregon Bitcoin Reserves and Cryptocurrency Legislation

Oregon Bitcoin Reserve Overview

No Official Reserves
Friendly Regulatory Status
SB 707 Recognizes Digital Assets as Collateral

Oregon Bitcoin Reserves

Oregon Legislative Breakdown

State BTC Reserves % of Global Holdings Legal Status Last Updated Key Laws and Regulations
Oregon (OR) No Official Reserves 0% Friendly 2025-05-08
  • SB 707 (2025): Signed into law, updates UCC Article 12 to recognize digital assets as collateral and enable financial products
  • HB 2071 (2025): Signed into law, prohibits state/local governments from restricting digital asset ownership or mining
  • Oregon Money Transmitter License: Requires licensing for crypto-fiat transactions, $25K fee + $50K bond
  • State income tax (4.75–9.9%) and federal capital gains tax (15–37%) apply to crypto earnings
  • ~120,000 residents (~2.8% of population) use crypto; $2.5B in transactions (2023–2024, est.)
  • Approximately 15 Bitcoin ATMs, primarily in Portland and Salem (2024)
  • No legislation for state-held Bitcoin reserves as of 2025

Oregon Bitcoin Reserve Status

Current status: NO OFFICIAL RESERVES

Oregon has not established a state Bitcoin reserve, and no Strategic Bitcoin Reserve (SBR) legislation has been proposed as of May 2025. The state’s regulatory environment is crypto-friendly, with SB 707 (2025) recognizing digital assets as collateral under UCC Article 12 and HB 105 (2025) protecting digital asset ownership and mining rights. Oregon’s laws enable crypto adoption in financial products, but enforcement actions against platforms like Coinbase indicate regulatory oversight.

No funds have been allocated for Bitcoin reserves. Oregon prioritizes integrating digital assets into its financial system over state-held reserves.

5/8/2025
SIGNED INTO LAW
SB 707 was signed into law, updating UCC Article 12 to recognize digital assets as collateral for secured lending.
5/8/2025
SIGNED INTO LAW
HB 105 was signed into law, prohibiting state and local governments from restricting digital asset ownership or mining.
4/18/2025
ENFORCEMENT ACTION
Oregon initiated a civil enforcement action against Coinbase for alleged unregistered securities sales.