North Carolina House Passes Strategic Bitcoin Reserve Bill
- The North Carolina House of Representatives approved House Bill 92 on April 30.
- This bill allows the state to create a digital asset reserve, focusing primarily on Bitcoin.
- House Speaker Destin Hall led the initiative for more progressive investment strategies.
- The bill permits investments in funds dealing with cryptocurrencies but not direct purchases.
- Governor Josh Stein supports the bill, while some lawmakers express concerns over cryptocurrency volatility.
House Bill 92, passed by the North Carolina House, aims to establish a strategic Bitcoin reserve fund, allowing investments in related funds but not direct crypto purchases. The bill awaits Senate approval.
Source (2.6)https://coingape.com/north-carolina-approves-bill-to-create-strategic-bitcoin-reserve-fund/?rand=24432
