In the USA, another state prepared a bill to buy Bitcoin! Here are the details

North Carolina MPs, the state chamber Bitcoin (BTC) By presenting a bill that gives the authority to invest in digital assets, such as digital assets, he pointed out the entry of a growing movement between US states investigating crypto investments.

North Carolina deputies presented Bitcoin a bill to allow government investments

The HB92 draft was presented by the Parliament Speaker Destin Hall and was jointly supported by representatives Stephen Ross, Mark Brody and Mike Schietzelt.

It aims to diversify North Carolina’s investment portfolio by allowing the Treasurer Office to allocate funds to certain digital assets, provided that they meet strict market criteria.

According to the bill, “the products traded on the stock exchange olan, which only the average market value of at least 750 billion dollars for the previous 12 months, will be suitable for investment. Currently, Bitcoin is the only crypto currency that meets this requirement.

In addition, the proposed law provides a controlled approach to crypto exposure by limiting digital asset investments to 10 %of the state’s investment fund balance. Hall stressed that investing in Bitcoin may be a strategic financial decision for the state.

Hall investing in digital assets such as Bitcoin not only has the potential to provide positive return for our state investment fund, but also positions North Carolina as a leader in innovation and innovation, ”he said.

He also emphasized the adaptation of US President Donald Trump to the vision of “National Bitcoin Stock” and aims to pioneer North Carolina at the state level.

North Carolina joins more than a dozen other US state of investigating Bitcoin reserves for state treasures. MPs in Texas, Pennsylvania, Ohio and Oklahoma reflect the increasing institutional interest as a reserve asset to Bitcoin, offering similar laws.

*It is not an investment advice.