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North Carolina Proposes Bill to Invest 5% of State Funds in Bitcoin

North Carolina is making a bold move toward Bitcoin adoption with a newly proposed bill that seeks to allocate 5% of the state’s treasury reserves into BTC. This legislation highlights the growing recognition of Bitcoin as a store of value, a hedge against inflation, and a key component of digital asset investment strategies.

If passed, North Carolina would become one of the first U.S. states to officially invest public funds in Bitcoin, setting a precedent for other states to explore crypto-friendly policies. The proposal aligns with the increasing institutional adoption of Bitcoin, as governments and financial institutions worldwide acknowledge the potential of blockchain-based assets.

Supporters of the bill argue that Bitcoin’s scarcity and decentralized nature make it a strong alternative to traditional investments, while critics express concerns over regulatory uncertainties and market volatility. Nonetheless, this move underscores the mainstream acceptance of Bitcoin and its role in the future of state-level finance.

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Written by gposas

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