Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), a bill that would allow residents and employees to receive salaries in Bitcoin (BTC) and enable businesses to accept BTC payments. Deevers cited rising inflation and the diminishing value of the U.S. dollar as key reasons for the proposal, emphasizing Bitcoin’s potential to protect earnings and investments.
“In a time when inflation is eroding the purchasing power of hard-working Oklahomans, Bitcoin provides a unique opportunity to protect earnings and investments,” Deevers said on Jan. 8.
The legislation aims to establish a framework for Bitcoin’s secure use in Oklahoma, ensuring participation remains voluntary to respect free-market principles. Deevers praised Bitcoin as a critical part of the financial future and tied its adoption to pro-Bitcoin policies supported by U.S. President-elect Donald Trump.
The bill will be considered in the 60th legislative session starting Feb. 3. Deevers also criticized central bank digital currencies (CBDCs), describing them as tools for government overreach, and championed Bitcoin as a decentralized, censorship-resistant alternative promoting financial sovereignty.