Republican Senator Dusty Deevers has proposed a bill (SB325) aimed at allowing employees and vendors in Oklahoma to use Bitcoin for transactions as a response to inflation diminishing the purchasing power of the U.S. dollar. In his remarks, Deevers emphasized Bitcoin's potential as a safeguard against inflation due to its decentralized nature and fixed supply. He sees the bill as a means to foster innovation, enhance fiscal transparency, and stimulate economic growth in the state. The initiative also represents a continuation of Oklahoma's engagement with cryptocurrency, following last year's Bitcoin Rights Bill, which focused on the rights to self-custody Bitcoin. If passed, the bill is set to be evaluated during the 60th legislative session beginning February 3, 2025.

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