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North Carolina proposed legislation to invest public funds in digital assets, effectively joining the movement to create a strategic Bitcoins reserve.
One of the requirements of the “Digital Investment Law of NC” (HB 92), which was inserted Yesterday, it is that digital assets must have a product quoted in the stock market (ETP).
Another requirement is that cryts must have an average market capitalization of at least $ 750 billion in the last 12 months. This means that only btc ETPs (bags listed in the stock market) are currently eligible.
The new bill is aligned with Trump's vision for a Bitcoins National Reserve
According to the president of the Chamber of Representatives, Destin Hall, who sponsored the proposed bill, investing in digital assets such as bitcoin Both “will generate positive yields” for the state of North Carolina and at the same time will position the State as “a leader for technological adoption and innovation.”
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Today, I presented HB 92, the North Carolina Digital Assets Investment Law, to authorize the NC State Treasurer to invest in qualified digital assets such as <a target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin—Alinear with the vision of President Trump for a bitcoin National Reserve and ensure that North Carolina leads in the state … pic.twitter.com/xniir49e4u
– Speaker Destin Hall (@ncspeakerhall) <a target="_blank" href="https://twitter.com/ncspeakerhall/status/1889027685428363686?ref_src=twsrc%5Etfw”>February 10, 2025
In a position of February 10, he added that the bill is aligned with the vision of the president of the United States, Donald Trump, of a bitcoin National bitcoin reservations. The proposed legislation would also guarantee that North Carolina leads the initiative at the state level, according to the president of the House of Representatives.
Legislators say there are several reasons to invest in crypts
Bill's legislators and sponsors have recently said that there are several reasons to invest in digital assets. Some of the main reasons mentioned were the risks of inflation and depreciation of the dollar, as well as the possible yields of state funds.
“Blockchain technology, decentralized finances and other innovations in cryptographic space will shape our future in many new ways,” said HB 92, Mike Schietzelt, and added that the new bill will allow Carolina del Norte Capitalize emerging opportunities presented by cryptographic assets.
There is a free way of winning for free
As bitcoin's main adoption gathers the impulse through bitcoin strategic reserves in the states of the United States, there are new ways that arise so that small investors climb to the bitcoin car.
One of them is a new meme coin btc Bull (BTCBULL)he First meme coin that rewards the headlines with real btc Airdrops. Each Airdrop is activated when the leading cryptography reaches $ 150k and $ 200k.
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The bull is unleashed.
$ Btcbull is live. No brakes, without limits.
Join the flock: https://t.co/n1kqry0bow pic.twitter.com/0hiogfldxf
– Btcbull_token (@btcbull_token) <a target="_blank" href="https://twitter.com/BTCBULL_TOKEN/status/1888895683555680551?ref_src=twsrc%5Etfw”>February 10, 2025
That means just holding BTCBullInvestors can receive free btc. With multiple US states.
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