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Bitcoin Freedom Act could pave new path for payment flexibility in Oklahoma

News
Bitcoin Freedom Act could pave new path for payment flexibility in Oklahoma

Oklahoma bill aims to integrate Bitcoin into everyday transactions.

Oklahoma State Senator Dusty Deevers has filed the “Bitcoin (BTC) Freedom Act” (SB325), which might signal a key step toward incorporating cryptocurrencies into conventional financial systems in the state.

According to the official press release, the law would allow Oklahoma workers to choose BTC as their pay option and companies to take BTC payments from clients. The approach prioritizes choice for all parties and upholds free-market ideals by requiring participation to be completely voluntary.

https://twitter.com/BitcoinMagazine/status/1877109978474950677

In light of the growing attention paid to decentralized currencies worldwide, this development is part of a larger trend of BTC adoption in the United States.

Recently, former President Donald Trump won the U.S. election, which has given the crypto discussion a new angle. Despite earlier opposing BTC, Trump’s 2024 campaign has expressed openness to novel financial technology, a posture that could influence federal-level crypto legislation and significantly speed up BTC’s popularity when Trump officially takes office as the 47th president of the United States.

As the state legislature prepares for its 60th session, starting on Feb. 3, 2025, all eyes will be on whether Oklahoma can set the standard for providing payment options to individuals and businesses in a changing financial ecosystem. The trajectory of BTC has already seen massive surges in interest during key political and economic moments, making the introduction of Oklahoma’s SB325 another layer in the ongoing shift toward cryptocurrency adoption.