Oklahoma’s Bitcoin Freedom Act, proposed by Senator Dusty Deevers, enables businesses to accept Bitcoin. Employees can choose to be paid in Bitcoin or US dollars starting November 1, 2025. This measure comes amid concerns about inflation as it aims to protect the purchasing power of Oklahomans’ earnings by utilizing Bitcoin’s fixed supply.
The legislation mandates agreements between the state and employees on Bitcoin payment valuations. It allows employees the flexibility to switch their payment method each pay period. Deevers emphasizes the necessity of this Act to shield Oklahomans from inflation, contrasting Bitcoin’s limited supply with the increasing supply of US dollars.