Oklahoma Senator Dusty Deevers has proposed a bill allowing residents to receive salaries in Bitcoin, emphasizing the importance of protecting earnings amidst inflation. The legislation, known as SB325, aims to establish a framework for secure Bitcoin use in the state. Movement Labs, a Web3 startup, is on track to secure a $100 million funding round to boost its efforts in the blockchain space. The company previously raised $38 million in a Series A funding round and launched its mainnet and native token, MOVE. Additionally, BitMEX co-founder Arthur Hayes predicts over $612 billion in new liquidity to the US Treasury by March 2025, potentially offsetting concerns over delayed crypto regulations. Despite Bitcoin's recent price fluctuations, the cryptocurrency industry remains optimistic about future growth and innovation. Read more AI-generated news on: https://app.chaingpt.org/news

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