North Carolina leaders propose bill allowing state treasurer to invest state funds, pensions into cryptocurrency
North Carolina leaders are looking into investing in cryptocurrency. A bill is making its way through the General Assembly that would authorize the state treasurer to invest state funds and pensions in digital assets like Bitcoin.
Top NC leaders want to allow Bitcoin investments for state pension and budget funds
Bitcoin is currently selling at around $96,000. State Republicans believe it’s a strong way to diversify state assets, and Democratic Gov. Josh Stein signals his support.
North Carolina House speaker files bill for state to invest in Bitcoin ETPs
Lawmakers in the US state of North Carolina have proposed a bill that permits Bitcoin ETP investments for state funds.
Should NC invest state funds in cryptocurrency? NC House Speaker says yes
The cryptocurrency industry has bet heavily on the Republican Party, putting more than $100 million into efforts in 2024 alone to elect Republican Donald Trump as president and help the GOP flip control of the U.
North Carolina introduces Bitcoin reserve bill, could hold 40,000 BTC
A bill was introduced in the North Carolina House of Representatives on Monday to allow the state treasurer to invest in qualified digital assets to create a reserve fund. Although the bill does not mention Bitcoin,
Former NC legislator, treasurer candidate announces bid for Mecklenburg Democrats chair
Harris’s announcement comes after a period of tumult within the party. Current chair Drew Kromer faced criticism and calls ...
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Some teachers report higher medical co-pays. NC's treasurer explains why.
Educators and other state employees began noticing these changes in January, after the state health plan switched ...
North Carolina poised for another leading step on digital currency
Authorization of the state treasurer to diversify North Carolina’s investment portfolio through digital assets has been ...
State treasurer expects loan offers to local governments to go out by the end of February
The state's cashflow loan program is expected to begin disbursing funds to local governments by the end of February.