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Oklahoma Lawmaker Proposes Bitcoin Reserve Act to Protect State Finances

Oklahoma Lawmaker Proposes Bitcoin Reserve Act to Protect State FinancesA proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Oklahoma State Rep. Cody Maynard announced on Wednesday that he has introduced the Strategic Bitcoin Reserve Act, proposing […]

Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost

Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake

Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining StakeBitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is procured from […]

Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost

Oklahoma senator introduces Bitcoin Freedom Act for BTC payments

“If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US Dollar,” said Senator Deevers after introducing the bill.

Republican senator for Oklahoma, Dusty Deevers, has filed legislation that would allow employees and residents in the state to opt to receive payment and salaries in Bitcoin (BTC) and enable vendors to accept BTC payments.

“In a time when inflation is eroding the purchasing power of hard-working Oklahomans, Bitcoin provides a unique opportunity to protect earnings and investments,” said Deevers after introducing the Bitcoin Freedom Act on Jan. 8.

“As Bitcoin continues to rise and the value of the dollar continues to be printed away in Washington D.C., Oklahoma must act to protect our people,” he added. 

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Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost

Alchemy Pay expands US compliance with four new state licenses

Alchemy Pay’s new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US state licenses.

Cryptocurrency payment gateway Alchemy Pay is growing compliance in the United States by obtaining new licenses in four US states.

Alchemy Pay has secured four new US money transmitter licenses (MTLs) in Minnesota, Oklahoma, Oregon and Wyoming, the firm announced to Cointelegraph on Nov. 8.

The new licenses bring Alchemy Pay’s total to eight US state licenses, according to data from the Nationwide Multi-State Licensing System and Registry.

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Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost

Oklahoma Enacts Landmark Bill to Regulate Digital Assets, Protect Bitcoin Rights, Foster Crypto Innovation

Oklahoma Enacts Landmark Bill to Regulate Digital Assets, Protect Bitcoin Rights, Foster Crypto InnovationThe governor of the U.S. state of Oklahoma has approved House Bill 3594, a landmark bill that protects bitcoin rights and fosters cryptocurrency innovation. The legislation addresses the regulation and promotion of blockchain technology and cryptocurrency in the state. The bill defines key terms such as blockchain, blockchain protocol, and digital assets, which include virtual […]

Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost