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Author: Admin | 2025-04-28
A Republican state senator in Oklahoma, Dusty Deevers, introduced legislation to enable employees to receive salaries in Bitcoin and to use the asset for payments within the state.A Republican state senator in Oklahoma, Dusty Deevers, filed legislation allowing employees and residents in the state to opt to receive salaries in Bitcoin and enable vendors to accept BTC payments.“In a time when inflation is eroding the purchasing power of hard-working Oklahomans, Bitcoin (BTC) provides a unique opportunity to protect earnings and investments,” Deevers said after introducing the Bitcoin Freedom Act on Jan. 8.“As Bitcoin continues to rise and the value of the dollar continues to be printed away in Washington D.C., Oklahoma must act to protect our people,” he added. The bill, called SB325, ensures that participation is entirely voluntary, “respecting free-market principles” and empowering employees, employers, and businesses to choose their own payment options, he said. According to the filing, one of the purposes of the act is to “establish a framework for the secure use of Bitcoin by the State of Oklahoma, private businesses, and individual residents,” and another is to “authorize Bitcoin as an acceptable medium for transactions, salaries, and investments.”Senator Deevers praised President-elect Donald Trump’s pro-Bitcoin campaigning, adding, “Bitcoin has arrived into the mainstream of our economy and is unquestionably a significant part of the financial future.” The legislation puts Oklahoma in a “leadership role nationally” while ensuring the state “embraces the future of financial technology while providing our citizens with more financial options,” he said. Dusty Deevers’ Bitcoin Freedom Act. Source: Dusty Deevers The Bitcoin Freedom Act will be eligible for consideration in the 60th legislative session beginning on Feb. 3.Deevers is among those criticizing high inflation in the US. “If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US
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