North Carolina: MPs approved the law on the investment of the state treasury in Bitcoin

North Carolina: MPs approved the law on the investment of the state treasury in Bitcoin

north Carolina: draft law on the Bitcoin investment of state funds decided

The North Carolina House of Representatives has recently passed a draft law that enables the state treasurer to invest in Bitcoin. This decision marks a significant step in the state's financial policy and reflects the growing interest in cryptocurrencies in the political landscape.

With this law, the treasurer receives permission to invest part of the state reserves in Bitcoin. This measure could potentially help increase the returns of the state's investments and at the same time to promote the diversification of the investment portfolio.

The decision to allow Bitcoin as a form of investment finds both support and critical voices in specialist circles. Proponents argue that cryptocurrencies such as Bitcoin should be regarded as part of a modern investment strategy in order to benefit from the possible increases in value. Critics, on the other hand, fear the volatility of the market and the associated risks.

Overall, this change in the law is an important step in the approach between traditional financial systems and the emerging world of digital currencies. It remains to be seen how this decision will affect North Carolina's budget and whether other states will follow this example