North Carolina has Become The latest US state to introduce its Bitcoin strategic budget bill.
The state legislation will allow the investment of 10 % of its funds in addition to government retirement systems in the products circulating on the Bitcoin Stock Exchange (ETFS). This can be translated into an investment total amount of $ 14 billion.
It is worth noting that the bill was presented by the Destin Hall Hall in North Carolina, which gives it more weight.
Hall, the youngest spokesperson for the State Council in two centuries, is one of the most influential figures in North Carolina.
Participated in the care of the bill by Representative Steve Ross and MP Mark Brody.
Dan Spuller, the co -chair of the North Carolina Blwchin initiative, has previously expressed confidence that the legislation will have enough votes to pass it, stressing that it will not be just a “draft law for messages.”
In general, a total of 22 states now provided strategic bitcoin bills (SBR).
Montana, Florida, Maryland, and Kentucky Join the race last week with their own bills.
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Utah is currently at the forefront after the SBR bill has acquired enough traction for its transfer to the Senate.
Meanwhile, the bills that were presented in North Dakota and Wyoming have already failed.
The possibilities of the National Bitcoin Reserve, which is currently created in 2025, is 43 % after exceeding 60 % in late January. The possibilities of this reserve that is created before April 29 currently stands at only 12 %.
Last month, analyst Willie Woo OPINED It may take up to two years to build a strategic reserve.
