• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Freedom Act in Oklahoma: Economic Innovations

user avatar

by Giorgi Kostiuk

a year ago

On August 7, Oklahoma State Senator Dusty Deevers introduced the Bitcoin Freedom Act, aiming to integrate Bitcoin into the state's economy.

A Vision for Financial Freedom

Senator Deevers sees Bitcoin as an opportunity for Oklahoma's residents and businesses to choose a new form of salary and transaction payment. The bill proposes voluntary use of Bitcoin as a payment medium for salaries and transactions, in line with free-market principles.

As Bitcoin continues to rise and the dollar continues to be printed away, Oklahoma must act to protect our people.Dusty Deevers

Growing Crypto Infrastructure in Oklahoma

The Bitcoin Freedom Act is expected to further Oklahoma's transformation into a blockchain technology hub. A law already simplifies cryptocurrency mining operations in the state.

Conclusion

If the bill is approved, Oklahoma could become a leader in promoting Bitcoin and other cryptocurrencies, creating opportunities for economic growth and innovation.

Deevers' bill could position Oklahoma at the forefront of adopting financial technologies, fostering innovative potential and economic resilience.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SWIFT Tests XRP Integration for Enhanced Payment Systems

chest

SWIFT is testing the integration of the XRP Ledger to enhance cross-border payment efficiency.

user avatarDiego Alvarez

Tether Freezes $544 Million in Assets Linked to Illegal Betting Operation

chest

Tether has frozen approximately $544 million in assets linked to an illegal online betting operation at the request of Turkish prosecutors.

user avatarKenji Takahashi

Tether Mints $1 Billion USDT Amid Bitcoin Selloff

chest

Tether minted an additional $1 billion USDT amid a sharp decline in Bitcoin prices, providing liquidity during a volatile market.

user avatarKenji Takahashi

XRP Price Shows Signs of Recovery After Significant Dip

chest

XRP price has rebounded after hitting a low of 116, with increased whale activity and unique addresses on the XRP Ledger.

user avatarMaria Fernandez

Arthur Hayes Attributes Bitcoin Selloff to IBIT Hedging

chest

Arthur Hayes attributes the recent Bitcoin selloff to hedging related to BlackRock's iShares Bitcoin Trust (IBIT), indicating that dealer hedging can lead to significant mechanical selling when market conditions shift.

user avatarGustavo Mendoza

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.