North Carolina is considering adding bitcoin and other cryptocurrencies to its state investment portfolio through a new bill called the Digital Assets Investments Act. Sponsored by House Speaker Destin Hall, the aim is to boost returns for the state pension fund and position North Carolina as a leader in technological innovation. The bill allows the ...
On February 22, Montana’s House voted 41-59 against House Bill No. 429, which aimed to make Bitcoin a state reserve asset. Many lawmakers were worried that this would risk taxpayer money by allowing the investment board to engage in speculative trading. While some representatives argued the bill could maximize returns for taxpayers, others felt it ...
Ohio’s new strategic crypto reserve bill allows the state to invest up to 10% of its funds in digital assets. Currently, only Bitcoin meets the Market cap requirement to be included, making it the primary option for these investments. This initiative, praised by former presidential candidate Vivek Ramaswamy, aims to protect state funds from inflation ...
