Bitcoin Adoption Expands in Oklahoma as SB 2064 Allows State Transactions

Bitcoin Adoption Expands in Oklahoma as SB 2064 Allows State Transactions

What you need to know:

  • Oklahoma lawmakers have introduced a Senate bill that would allow state workers to voluntarily use Bitcoin for payments.
  • If approved, the bill would come into effect in November 2026.

Oklahoma lawmakers have proposed a new bill that would allow Bitcoin to be used for official payments within the state. The new bill will introduce a system where digital currencies can be used to pay salaries and transactions involving the state government.

This system would give people more choices about how they receive money without changing national monetary laws.

New Proposal Plans to Expand Bitcoin Use in Oklahoma

The bill is known as the ‘Senate Bill 2064’ and was presented by Senator Dusty Deevers during the 2026 legislative session. It focuses on voluntary payments of digital assets and defines Bitcoin as a viable financial instrument, and also plans to stay within constitutional limits that prevent states from naming a new legal tender.

The bill goes beyond typical government activities as it plans to let ordinary residents and private businesses agree among themselves on whether they want Bitcoin-based payments. This method supports the idea of ​​using digital currencies through personal choice rather than obligation.

There have been special considerations for the crypto-based companies operating in the digital markets. These companies would not need traditional money transfer licenses if they do not convert digital assets into cash.

Also read: UK considers crypto fraud a threat to national security and seizes $6 billion in assets

If passed, the bill would allow government workers to decide how they will be paid before each pay cycle begins. They can choose to pay in full in Bitcoin, pay in full in dollars or a combination of both, with values ​​based on the current market price.

The money would be sent directly to the recipient’s chosen wallet, including personal wallets or approved custodial services. Companies that provide goods or services to the state would also have the option to accept Bitcoin for individual transactions.

If the bill ultimately becomes law, it would take effect in November 2026 and build on previous efforts to integrate Bitcoin into Oklahoma’s economy.

Also Read: VanEck’s Avalanche ETF Approval Could Push AVAX Price Above $13.28

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