Oklahoma Introduces Bill for Voluntary Bitcoin Payments

Oklahoma State Representative Dusty Deevers introduced Senate Bill 2064, allowing Bitcoin payments for state employees and businesses, reinforcing the state’s stance on cryptocurrency, in January 2026.

This legislative move reflects growing acceptance of cryptocurrencies in financial systems, influencing potential Bitcoin adoption and affecting local economic transactions.

Oklahoma’s Senate Bill 2064: A Push for Bitcoin Payments

Oklahoma’s Senate Bill 2064 was introduced by State Representative Dusty Deevers, aiming to allow state employees, businesses, and residents to accept Bitcoin payments. Previously, a similar bill, SB 325, did not progress beyond committee discussions.

The introduction of SB 2064 may pave the way for broader adoption of Bitcoin in Oklahoma, although Bitcoin is not being designated as legal tender. The absence of funding underscores a cautious approach by the state’s legislative body.

Senator Dusty Deevers, Oklahoma State Senator, said, “SB 2064 authorizes state employees and residents to receive payments in Bitcoin voluntarily, reflecting the state’s growing interest in cryptocurrency.”

Market reactions have been limited, with no prominent figures publicly endorsing or criticizing the bill. Community reactions remain subdued, perhaps awaiting further developments regarding the bill’s progress through the legislative process.

Bitcoin’s Market Impact and Regulatory Implications

Did you know? Oklahoma’s legislative efforts mirror those of New Hampshire and Texas, which have explored Bitcoin reserves and state-level cryptocurrency investments.

As of January 25, 2026, Bitcoin’s market cap was $1.753 trillion, with a current price at $87,782.24, reflecting a 24-hour change of -1.60%. The circulating supply stands at 19,980,462 BTC, according to CoinMarketCap.

Analysis from the Coincu research team suggests potential regulatory adjustments may follow if the bill becomes law. This could encourage other states to consider similar frameworks, impacting the broader adoption landscape. Historical trends indicate cautious optimism among market participants regarding state-level cryptocurrency integration. An interesting perspective on potential regulatory shifts can be found in federal reserve balance sheet adjustments.