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North Dakota and New Hampshire Explore Bitcoin Reserves Amid Inflation Concerns

North Dakota's State Legislature has introduced Resolution 3001, which encourages investing state funds in digital assets and precious metals to combat inflation. Meanwhile, New Hampshire is considering a similar bill that would allow its Treasury to invest in digital assets, with Bitcoin as the primary candidate based on market cap. Other states, including Oklahoma, are also exploring legislation to integrate Bitcoin into their economies.

New Hampshire proposes bill for state Bitcoin reserve amid inflation concerns

New Hampshire Rep. Keith Ammon has proposed a bill allowing the state Treasury to invest public funds in digital assets and precious metals, aiming to protect against inflation and align with the state's "Live Free or Die" ethos. The bill would cap investments at 10% of public funds, currently allowing only Bitcoin, and includes provisions for lending or staking digital assets. Meanwhile, other states are also considering similar Bitcoin reserve proposals, reflecting a growing trend in U.S. economic strategy.

Oklahoma senator proposes Bitcoin Freedom Act for salaries and payments

Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), allowing employees to opt for Bitcoin as a salary payment and enabling businesses to accept BTC for transactions. The bill aims to provide a framework for secure Bitcoin use while respecting voluntary participation, amidst concerns over inflation eroding the dollar's value. This initiative aligns with similar efforts in other states to establish Bitcoin reserves and promote cryptocurrency adoption.

Oklahoma proposes Bitcoin Freedom Act to legalize cryptocurrency payments for wages

Oklahoma's Bitcoin Freedom Act, introduced by Senator Dusty Deevers, aims to legalize Bitcoin payments for wages and business transactions, enhancing financial autonomy and protecting against inflation. The voluntary measure allows companies and employees to negotiate Bitcoin pay based on market value, promoting fairness and financial sovereignty. A review of the legislation is set for February 3, 2025, as Oklahoma seeks to lead in adopting innovative financial technologies.

Oklahoma Senator proposes Bitcoin Freedom Act to enhance crypto adoption

Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), allowing employees to receive wages in Bitcoin and enabling businesses to accept it as payment. This initiative aims to enhance financial flexibility and position Oklahoma as a leader in financial technology, responding to inflation concerns. The bill will be considered in the upcoming legislative session starting February 3, following previous legislation that established a legal framework for digital assets in the state.

Oklahoma senator proposes Bitcoin Freedom Act for wage payments in Bitcoin

Oklahoma State Senator Dusty Deevers has introduced the Bitcoin Freedom Act, allowing employees to receive wages in Bitcoin as a response to inflation and the declining value of the US dollar. The bill, SB325, aims to position Oklahoma as a leader in financial technology by enabling businesses to accept Bitcoin payments. Deevers emphasized Bitcoin's potential as a hedge against inflation, advocating for a shift towards embracing cryptocurrency in the state's economy.

Oklahoma senator proposes Bitcoin Freedom Act for salary and payment options

Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act, allowing residents and employees to receive payments in Bitcoin and enabling vendors to accept BTC. The bill, which emphasizes voluntary participation and aims to protect against inflation, will be considered in the upcoming legislative session starting February 3. Deevers criticized central bank digital currencies for enabling government overreach and championed Bitcoin for promoting financial sovereignty.
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