Oklahoma Senator Dusty Deevers has proposed Bill SB325, also known as the Bitcoin Freedom Act, aimed at integrating Bitcoin into Oklahoma's economy. The bill allows employees to choose to receive their salary in Bitcoin and businesses to accept this transaction.
- Deevers emphasizes Bitcoin as a hedge against inflation due to its fixed supply and decentralization, in contrast to traditional currencies affected by monetary policy.
- The bill encourages voluntary participation, enhances financial flexibility, and positions Oklahoma as a leader in financial technology.
- SB325 will be considered in the 60th legislative session on February 3.