Oklahoma § 6-1520 - Definitions

§ 6-1520. Definitions

As used in this act:

Oklahoma Statutes - Title 6. Banks and Trust Companies

1. “Blockchain analytics” means the analysis of data from

blockchains or publicly distributed ledgers including, but not

limited to, associated transaction information;

2. “Blockchain technology” means the same as defined in Section

1359 of Title 68 of the Oklahoma Statutes;

3. “Currency” means the same as defined in Section 1512 of

Title 6 of the Oklahoma Statutes;

4. “Digital assets” means the same as defined in Section 1359

of Title 68 of the Oklahoma Statutes;

5. “Digital asset address” means an alphanumeric identifier

associated with a digital asset wallet identifying the location to

which a digital asset transaction can be sent;

6. “Digital asset wallet” means a software application or other

mechanism providing a means to hold, store, or transfer digital

assets;

7. “Digital asset kiosk” means an electronic terminal acting as

a mechanical agent of the digital asset kiosk operator to enable the

digital asset kiosk operator to facilitate the exchange of digital

assets for money, bank credit, or other digital asset including, but

not limited to:

a.

connecting directly to a separate digital asset

exchange that performs the actual digital asset

transmission, or

b.

drawing upon the digital asset in the possession of

the electronic terminal’s operator;

8. “Digital asset kiosk operator” means a person or entity that

owns, operates, or manages a digital asset kiosk located in this

state offering digital asset kiosk transactions;

9. “Digital asset kiosk transaction” means a transaction

conducted or performed, in whole or in part, by electronic means via

a digital asset kiosk. Digital asset kiosk transaction shall also

mean a transaction made at a digital asset kiosk to purchase digital

assets with currency or to sell digital assets for currency;

10. “New customer” means an individual who has never previously

transacted with a digital asset kiosk operator. The new customer

shall remain defined as such during the seventy-two (72) hours after

the first financial transaction with the digital asset kiosk

operator; and

11. “Transaction hash” means a unique identifier made up of a

string of characters that acts as a record of and provides proof

that the transaction was verified and added to the blockchain.

Added by Laws 2025, c. 363, § 1, eff. Nov. 1, 2025.