According to Crypto Rover, Oregon has officially signed SB 167 into law, updating the Uniform Commercial Code to clarify the status of digital assets as collateral. This regulatory milestone enhances legal certainty for using cryptocurrencies in secured transactions, potentially increasing institutional participation and liquidity in the crypto market. Traders should watch for increased adoption and trading volume, as clarified legal frameworks often lead to more robust market infrastructure and new crypto-backed lending products (source: Crypto Rover on Twitter, May 8, 2025).