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- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Another Move for Bitcoin Investment in the US: Number 19 Reached! - Coin Bulletin
In the United States, 19 states are considering bills that would allow state funds to invest in digital assets such as Bitcoin, while North Carolina has become the latest state to join this movement.
Speaker of the North Carolina House of Representatives, Destin Hall, introduced the bill named “NC Digital Asset Investment Act” (HB 92) on February 10. This bill aims to diversify public funds by authorizing the state treasury to invest in certain digital assets.
However, the assets to be invested must be only a product traded on the exchange (ETP). According to the draft, the digital assets to be invested in must have a market value of at least 750 billion dollars in the last 12 months. Currently, only Bitcoin (BTC) meets this requirement. In addition, a maximum of 10% of the total balance of any fund can be allocated to these assets.
Parallel to Trump's Bitcoin strategy
"Investing in digital assets like Bitcoin will propel North Carolina as a leader in technology and innovation, in addition to having the potential to generate positive returns for our state funds," Destin Hall said. He also stated that this step is in line with U.S. President Donald Trump's vision of "creating a national Bitcoin reserve."
Debates over Bitcoin investment are rapidly spreading among states in the US. While Arizona and Utah move their legislative proposals on crypto investment beyond the committee stage, North Dakota has rejected such initiatives. Wisconsin and Michigan already accommodate crypto investments in state employees' retirement funds.
Interest in crypto investments is increasing
Interest in Bitcoin investments across the US increased as a result of Trump's pro-crypto policies. The President's directive shortly after taking office to consider crypto assets as a reserve at the federal level also paved the way for similar initiatives at the state level.
While it remains unclear whether the bill allowing Bitcoin investments in North Carolina will become law, it highlights the increasing interest in the crypto sector. A similar bill has been introduced in the state of Montana, while states like Texas, Pennsylvania, and Ohio are also discussing the creation of Bitcoin reserves.