STATE: North Carolina could invest in crypto under bill backed by House speaker – The Stanly News & Press
By Galen Bacharier, NC Newsline North Carolina’s treasurer could invest state dollars into Bitcoin and other cryptocurrencies under a bill being considered in the House. House Bill 92, backed by House Speaker Destin Hall (R-Caldwell), would expand the state’s portfolio to include a range of digital assets. The state treasurer — Brad Briner, a Republican — could invest up to 10% of state funds in those assets if he chooses. “The whole investment field has changed over the last few years,” Rep. Stephen Ross (R-Alamance), a co-sponsor of the bill,...