{"id":625707,"date":"2025-02-11T12:38:12","date_gmt":"2025-02-11T12:38:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=625707"},"modified":"2025-02-11T12:38:12","modified_gmt":"2025-02-11T12:38:12","slug":"north-carolina-joins-strategic-bitcoin-reserve-bandwagon-with-new-bill-proposal","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/north-carolina-joins-strategic-bitcoin-reserve-bandwagon-with-new-bill-proposal","title":{"rendered":"North Carolina Joins Strategic Bitcoin Reserve Bandwagon With New Bill Proposal"},"content":{"rendered":"<p>North Carolina proposed legislation to invest public funds in digital assets, effectively joining the movement to create a strategic Bitcoin reserve.<\/p>\n<p><span style=\"font-weight: 400;\">One of the requirements of the &ldquo;NC Digital Investments Act&rdquo; (HB 92), which was <\/span><a href=\"https:\/\/www.ncleg.gov\/BillLookUp\/2025\/H92\"><span style=\"font-weight: 400;\">introduced<\/span><\/a><span style=\"font-weight: 400;\"> yesterday, is that the digital assets must have an exchange-traded product (ETP). <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another requirement is that the cryptos must have an average market cap of at least $750 billion over the last 12 months. This means that only BTC ETPs (exchange-traded products) are currently eligible.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/assets.editorial.aetnd.com\/uploads\/2016\/11\/donald-trump-gettyimages-687193180.jpg\" alt=\"Donald Trump\" width=\"1920\" height=\"1080\"><\/p>\n<h2><span style=\"font-weight: 400;\">New Bill Aligns With Trump&rsquo;s Vision For A National Bitcoin Stockpile<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">According to House Speaker Destin Hall, who sponsored the proposed bill, investing in digital assets such as <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/strategy-co-founder-michael-saylor-hints-at-another-bitcoin-buy-with-cryptic-post-on-x\"><span style=\"font-weight: 400;\">Bitcoin<\/span><\/a><span style=\"font-weight: 400;\"> will both &ldquo;generate positive yields&rdquo; for the state of North Carolina while also positioning the state as &ldquo;a leader in technological adoption and innovation.&rdquo;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Today, I filed HB 92, The North Carolina Digital Assets Investments Act, to authorize the NC State Treasurer to invest in qualifying digital assets like <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>&mdash;aligning with President Trump&rsquo;s vision for a national Bitcoin stockpile and ensuring North Carolina leads at the state&hellip; <a href=\"https:\/\/t.co\/XNiir49e4U\">pic.twitter.com\/XNiir49e4U<\/a><\/p>\n<p>&mdash; Speaker Destin Hall (@ncspeakerhall) <a href=\"https:\/\/twitter.com\/ncspeakerhall\/status\/1889027685428363686?ref_src=twsrc%5Etfw\">February 10, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">In a Feb. 10 X post, he added that the bill aligns with US President Donald Trump&rsquo;s vision for a national Bitcoin <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/trump-familys-world-liberty-financial-plans-strategic-reserve-bloomberg\"><span style=\"font-weight: 400;\">stockpile<\/span><\/a><span style=\"font-weight: 400;\">. The proposed legislation would also ensure North Carolina leads the initiative at the state level, according to the House speaker.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Legislators Say There Are Several Reasons To Invest In Cryptos<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Legislators and bill 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 dollar depreciation, as well as the potential returns from state funds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;Blockchain technology, decentralized finance, and other innovations in the crypto space will shape our future in many new ways,&rdquo; said HB 92 co-sponsor Mike Schietzelt, adding that the new bill will allow North Carolina to capitalize on the emerging opportunities presented by crypto assets.<\/span><\/p>\n<h2>There&rsquo;s A Way To Earn Free Bitcoin<\/h2>\n<p>As Bitcoin&rsquo;s mainstream adoption gathers momentum via strategic Bitcoin reserves across US states, there are new ways emerging for small investors to get on the Bitcoin bandwagon.<\/p>\n<p>One of them is a via new meme coin called<span style=\"font-weight: 400;\">&nbsp;<\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/btcbull\" rel=\"nofollow\"><span style=\"font-weight: 400;\">BTC Bull (BTCBULL)<\/span><\/a><span style=\"font-weight: 400;\">, the <\/span><span style=\"font-weight: 400;\">first meme coin that rewards holders with real BTC airdrops. Each airdrop is triggered when the leading crypto hits $150k and $200k.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The bull is unleashed. &#128002;&#9876;<\/p>\n<p>$BTCBULL is live. No brakes, no limits.<\/p>\n<p>Join the herd: <a href=\"https:\/\/t.co\/N1kqrY0bow\">https:\/\/t.co\/N1kqrY0bow<\/a> <a href=\"https:\/\/t.co\/0HiOGFLdxF\">pic.twitter.com\/0HiOGFLdxF<\/a><\/p>\n<p>&mdash; BTCBULL_TOKEN (@BTCBULL_TOKEN) <a href=\"https:\/\/twitter.com\/BTCBULL_TOKEN\/status\/1888895683555680551?ref_src=twsrc%5Etfw\">February 10, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">That means that by just holding <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/new-btc-bull-meme-coin-raises-100k-in-minutes-rewards-holders-with-bitcoin\"><span style=\"font-weight: 400;\">BTCBULL<\/span><\/a><span style=\"font-weight: 400;\">, investors can receive free BTC. With multiple US states moving to set up a strategic Bitcoin reserve and Donald Trump&rsquo;s plan to make the US the crypto capital of the world, the outlook for the Bitcoin price has rarely been rosier.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/is-new-meme-coin-tst-on-bnb-chain-the-best-crypto-to-buy-now\"><span style=\"font-weight: 400;\">Is $TST On BNB Chain The Best Crypto To Buy Now?<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/solana-etfs-edge-closer-to-approval-as-sec-acknowledges-grayscale-filing-is-this-layer-2-sol-project-set-to-soar\"><span style=\"font-weight: 400;\">Solana ETFs Edge Closer To Approval As SEC Acknowledges Grayscale Filing<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/superbet-secures-e1-3-billion-refinancing-to-fuel-global-expansion\"><span style=\"font-weight: 400;\">Superbet Secures &euro;1.3 Billion Refinancing to Fuel Global Expansion<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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One of the requirements <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":625708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"class_list":["post-625707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>North Carolina Joins Strategic Bitcoin Reserve Bandwagon<\/title>\n<meta name=\"description\" content=\"North Carolina proposed legislation to invest public funds in digital assets, joining the movement to create a strategic Bitcoin reserve.\" \/>\n<meta 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