News list for " Investment Bill"
The North Carolina House of Representatives has passed a bill that would allow the state's treasurer to invest public funds in approved cryptocurrencies, and the bill will now go to the Senate for consideration. The House passed the Digital Asset Investment Act (aka House Bill 92) on April 30 by a vote of 71 to 44. Republican House Speaker Destin Hall introduced the bill in February.
Bitcoin Laws has published details of North Carolina's Bitcoin Investment Act, House Bill 506, which would create a new independent North Carolina Investment Authority (NCIA) headed by the state treasurer. The NCIA would have the authority to invest 5% of the state's various funds in digital assets. North Carolina's HB506 bill doesn't really create a'bitcoin reserve '. North Carolina's HB506 bill may be the closest in concept to Florida's two bills: HB 487 and...
