USA: North Carolina Chamber supports a Bitcoin state reserve

The Camera of Representatives of the State approved with 71 votes in favor of the project HB 92which authorizes the state treasurer to allocate part of the state budget, 5% of it, in Bitcoin and other digital assets. The project now advances towards the Senate.

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• The measure was approved by the State Chamber and will now pass to the Senate for review.
• The project allows investments of up to 5% of the state funds in cryptocurrencies such as BTC
• North Carolina is positioned as a possible pioneer in integrating cryptoactive at the state level in the US.

In a movement that could redefine the relationship between state governments and cryptocurrencies, North Carolina Representatives today approved the bill HB 92. This legislation authorizes the state treasurer to invest up to 5% of public funds in digital assets as Bitcoin.

The vote, which was held a few hours ago, ended with 71 votes in favor and 44 against. With this result, the project will now go to Senate state for evaluation, in a context where the interest in integrating technologies Blockchain and cryptocurrencies in public management has gained strength throughout the country.

An institutional signal towards the crypto ecosystem

He HB 92 It represents a significant step towards the formal adoption of cryptocurrencies by state entities. The legislation establishes a framework for the treasurer to diversify the investments of the State, including digital assets as part of a financial modernization strategy.

This type of movement reflects a growing institutional confidence in the solidity of cryptocurrencies, particularly Bitcoin, as a value reserve. To be approved in the Senate, North Carolina would become one of the first states to formally integrate these assets into their state portfolio, which could inspire other jurisdictions to follow the same path.

The text does not specify what proportion would be allocated to each cryptocurrency, but mentions Bitcoin As an example of eligible asset. This suggests that, although BTC It could be the initial focus, other cryptocurrencies would also be under evaluation for inclusion in reserves.

The interest in cryptocurrencies at the state level is not new, but until now it had been mostly exploratory or limited to statements of intention. However, with the advance of HB 92, North Carolina is positioned at the forefront of a more structured integration trend.

States such as Texas and Wyoming have already shown a favorable attitude towards the blockchain ecosystem, although mainly in regulatory terms or incentives for companies in the sector. What differentiates North Carolina is the explicit intention of investing public funds directly in cryptoactive.

Recently, the city of Roswell in New Mexico (New Mexico), became the first in the United States to create a strategic reserve of Bitcoin (BTC), reaffirming the Donald Trump administration approach to embrace cryptocurrencies.

Next steps

He HB 92 It must now be discussed and approved by the North Carolina Senate before becoming law. If achieved, the state treasurer may begin the design process of an investment policy that contemplates the purchase of cryptocurrencies.

This movement is not only a legislative milestone, but a possible turning point in the relationship between the public financial system and emerging technologies. The final decision of the Senate could mark the beginning of a new era for the state economy and its interaction with the crypto world.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, Created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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