A bill allowing North Carolina to invest in cryptocurrency using public funds from the State Pension Plan has passed a state House committee, reversing an earlier rejection. Lawmakers faced pressure from House Speaker Destin Hall, who emphasized the importance of the bill and highlighted that many global investment firms are already using crypto ETFs. The ...
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 ...
North Carolina’s new House Speaker, Destin Hall, is focused on allowing the state to invest in cryptocurrency. He introduced House Bill 92, which would enable the state treasurer to invest up to 10% of certain funds in digital assets like Bitcoin. Hall emphasized the growing importance of blockchain technology and the potential for positive returns ...
