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House approves update to Uniform Commercial Code to address virtual currencies
3141546 · April 28, 2025
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Summary
Senate Bill 167 passed to modernize Oregon's adoption of the Uniform Commercial Code, explicitly accounting for virtual currencies and digital assets in commercial transactions.
The Oregon House passed Senate Bill 167 on final reading to update the state's adoption of the Uniform Commercial Code and to better integrate virtual or digital currencies into Oregon commercial law.
Representative Mannix, presenting the bill from the Judiciary Committee at the request of the…
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