TLDR
- Oklahoma lawmakers propose legislation allowing Bitcoin payments for employees and vendors.
- The bill will let employees choose Bitcoin or U.S. dollars as payment options.
- Bitcoin businesses will be exempt from Oklahoma’s money transmitter licensing rules.
- Oklahoma plans a digital asset firm to process Bitcoin payments for employees.
Oklahoma legislators have introduced a new bill, Senate Bill 2064, which would allow state employees, vendors, and businesses in Oklahoma to receive payments in Bitcoin. The proposal aims to integrate Bitcoin into the state’s financial system without changing its status as legal tender. If passed, the bill would offer greater flexibility in how individuals and businesses conduct financial transactions.
JUST IN: 🇺🇸 Oklahoma pre-files Bitcoin payments bill, to be introduced Feb 2nd
Will allow state employees and vendors to receive payment in bitcoin! 🔥 pic.twitter.com/c8fy1UobDT
— Bitcoin Archive (@BitcoinArchive) January 23, 2026
Senator Dusty Deevers introduced the bill during the 2026 legislative session. According to the bill, Bitcoin would be allowed as a medium of exchange, giving state employees the option to receive salaries in Bitcoin. However, the bill clarifies that Bitcoin would not be considered legal tender but rather a financial instrument, operating within existing legal frameworks.
Bitcoin Payments for State Employees and Vendors
If the bill is enacted, Oklahoma state employees would be able to choose to receive their salaries in Bitcoin, with the option to select the Bitcoin market value at the start or the end of each pay period.
The flexibility would also allow employees to opt for a combination of Bitcoin and U.S. dollars. Additionally, employees could deposit their Bitcoin payments into self-hosted wallets or custodial accounts designated by them.
Vendors contracting with the state would also have the option to receive payments in Bitcoin for each transaction. The Bitcoin payment value would be determined based on the market price at the time of the transaction unless another agreement is made in writing. This provision aims to streamline the process of adopting Bitcoin for both government transactions and private-sector business dealings.
Support for Bitcoin-Native Businesses
SB 2064 includes specific provisions aimed at reducing regulatory barriers for Bitcoin-native businesses. Firms that primarily deal with digital assets and do not convert them into U.S. dollars would be exempt from Oklahoma’s money transmitter licensing requirements.
This exemption is designed to support businesses that operate exclusively with cryptocurrency, ensuring that they can function without the need for additional regulation.
The bill also directs the Oklahoma State Treasurer to initiate a process to select a digital asset firm capable of processing Bitcoin payments. The provider would be chosen based on factors such as fees, transaction speed, and cybersecurity practices. The Treasurer is required to finalize a contract for processing Bitcoin payments by January 1, 2027, marking a clear path toward implementing the program.
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