North Carolina Moves Closer to Bitcoin Adoption

North Carolina’s Bitcoin Reserve bill, HB 92, has cleared the Committee on Rules, Calendar, and Operations of the House. The bill allows the State Treasurer to invest up to 5% of select state funds in digital assets like Bitcoin. It also calls for a study to explore the possibility of creating a North Carolina Digital Asset Reserve. This marks a key step in the state’s push toward embracing digital assets and modernizing its treasury strategy.