Oklahoma Senator Dusty Deevers has proposed an exciting piece of legislation—the Bitcoin Freedom Act (SB325)—opening the door for businesses and employees to transact and pay in Bitcoin! 🎉 This bill not only allows employees to receive their wages in Bitcoin but also permits businesses to accept Bitcoin as a form of payment, truly a bold move! 💼
The bill aims to establish a legal framework for the use of Bitcoin in Oklahoma, ensuring the legality of transactions, wages, and investments. For state employees who choose Bitcoin payments, the bill requires an agreement with the state government to determine the time of Bitcoin value setting. It is expected to take effect on November 1, 2025, which will be an important step in protecting residents from the impact of inflation! 📈