Oklahoma Republican Senator Dusty Deevers has proposed the Bitcoin Freedom Act, legislation that would enable residents and employees in the state to receive payments and salaries in Bitcoin, as well as allow vendors to accept BTC. The Act aims to provide residents with a safeguard against inflation, which Deevers claims is diminishing the value of the dollar. He emphasized that participation in this initiative would be voluntary, respecting free-market principles. The proposed legislation would establish guidelines for the secure use of Bitcoin in Oklahoma and authorize its use for transactions, salaries, and investments. Deevers has criticized the current economic situation in the U.S. and voiced concerns over central bank digital currencies, arguing they entail government overreach. The legislation will be considered in the 60th legislative session starting February 3, 2025, marking a significant step for Oklahoma to embrace financial technology and broaden citizens' financial options.

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