Oklahoma at the forefront
Proposed law legalizes the use of #bitcoin in state payments
Oklahoma Senate Bill 325 proposes to allow state employees, businesses, and individuals to use Bitcoin for payments and compensation, while exempting certain digital asset companies from money transmitter licensing requirements.
The bill mandates the State Treasurer to contract with a Bitcoin payment processor by January 1, 2026, and requires the Tax Commission to issue tax guidance for digital asset payments by the same date. If approved, the law will take effect on November 1, 2025.