North Carolina’s Digital Assets Bill: Exploring HB 92 and Its Potential Impact

Feb 11, 2025 02:00 pm Cryptocurrency 45

Key takeaways:

The bill introduced by North Carolina House Speaker Destin Hall would allow the state treasurer to invest in Bitcoin ETPs.

The bill aims to diversify North Carolina’s investment portfolio and position the state as a leader in emerging financial technologies.

HB 92 aligns with a growing trend among U.S. states exploring cryptocurrency investments.

North Carolina is the latest state willing to add digital assets to their investment portfolios. The bill entitled ‘NC Digital Assets Investments Act’ (HB 92), which was introduced by the Speaker of the House of North Carolina Destin Hall, provides for the investment of the state treasurer’s public funds in ‘qualified’ digital assets. However, while the proposal highlights the state’s growing interest in blockchain tec ..

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