Description

Bitcoin Freedom Act (SB 325) was introduced in the Oklahoma Senate

On 8 January 2025, the Bitcoin Freedom Act (SB325) was introduced into the Oklahoma Senate. The bill aims to enable employees to receive their wages in Bitcoin and allow vendors to accept Bitcoin payments. The bill emphasises Bitcoin's potential as a hedge against inflation, given its decentralised nature and fixed supply, which contrasts with traditional currencies that can be devalued by monetary policies. Participation is voluntary, aligning with free-market principles, and seeks to position Oklahoma as a leader in embracing financial technology. If passed, the bill shall become effective on 1 November 2025.

Original source

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
subnational
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2025-01-08
under deliberation

On 8 January 2025, the Bitcoin Freedom Act (SB325) was introduced into the Oklahoma Senate. The bil…