North Carolina Proposes Public Investment in Cryptocurrency
- North Carolina introduced a bill to invest up to 10% of its general and highway funds in digital assets.
- The initiative is led by Speaker of the House Destin Hall.
- Only Bitcoin qualifies due to its high market capitalization.
- 18 other states have similar bills, with Wisconsin and Michigan already investing public retirement funds in crypto.
- A total of 23 states are considering or have implemented crypto investments for public funds.
North Carolina’s new bill, supported by Speaker Destin Hall, proposes investing up to 10% of state funds in Bitcoin, joining a growing trend among U.S. states exploring cryptocurrency investments.
Source (2.6)https://www.coindesk.com/policy/2025/02/10/north-carolina-joins-growing-number-of-states-pursuing-crypto-investments?rand=52298
