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Code · Oklahoma · Title 75A

§75A-103. Money transmitter license not required — Node to connect

201 words·~1 min read·/ok/title-75a/75a-103

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

to blockchain protocol, transferring digital assets, and staking permitted — Limited liability.
A. Anyone engaged in home digital asset mining, or digital asset mining business, staking, or staking as a service shall not be required to obtain a money transmitter license under Section 1513 of Title 6 of the Oklahoma Statutes.
B. It shall be legal in the State of Oklahoma to operate a node for the purpose of connecting to a blockchain protocol or a protocol built on top of a blockchain protocol and transferring digital assets on a blockchain protocol or to participate in staking on a blockchain protocol.
C. Operating a node or series of nodes on a blockchain protocol shall not require an individual or business to obtain a money transmitter license under Section 1513 of Title 6 of the Oklahoma Statutes.
D. Notwithstanding any other provision of law, anyone engaged in digital asset mining, operating a node or series of nodes on a blockchain network, or providing digital asset mining or staking as a service for individuals or other businesses shall not face liability related to a specific transaction merely by validating that transaction. Added by Laws 2024, c. 296, § 5, eff. Nov. 1, 2024.
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