North Carolina has advanced a bill to establish a state Bitcoin reserve.
The proposal would allow up to 10% of state funds to be allocated to Bitcoin, managed by the State Treasurer using cold storage and multi-signature security.
Access to the reserve would be tightly restricted to emergencies or legislatively approved uses, with audits and public reporting required.
#NorthCarolina
North Carolina joins states like Texas, Arizona, and New Hampshire exploring Bitcoin reserves.
The proposal would allow up to 10% of state funds to be allocated to Bitcoin, managed by the State Treasurer using cold storage and multi-signature security.
Access to the reserve would be tightly restricted to emergencies or legislatively approved uses, with audits and public reporting required.
#NorthCarolina
North Carolina joins states like Texas, Arizona, and New Hampshire exploring Bitcoin reserves.