Oklahoma State Senator Dusty Deevers has proposed a bill, known as the Bitcoin Freedom Act, that would allow individuals in the state to receive their salaries in Bitcoin and permit vendors to accept BTC payments. Deevers believes that Bitcoin offers a way to safeguard earnings and investments against inflation. The proposed legislation, SB325, emphasizes voluntary participation, respecting free-market principles. It aims to establish a secure framework for Bitcoin use in Oklahoma and authorize its acceptance for transactions, salaries, and investments. Deevers commended President-elect Donald Trump's support for Bitcoin and highlighted the importance of embracing financial technology. The bill is set for consideration in the upcoming legislative session. Deevers also criticized central bank digital currencies for enabling government surveillance and control over transactions. Oklahoma has previously enacted laws to support blockchain firms and crypto mining activities, making it easier for Bitcoin miners to operate in the state. Read more AI-generated news on: https://app.chaingpt.org/news