Ah, the land of the Tar Heels, where the politicians are as bold as their basketball team! 🏀 North Carolina has just taken a giant leap into the world of digital currencies, and let me tell you, it’s a move that’s got the crypto community buzzing like a swarm of angry hornets. 🐝
The state has introduced a bill, HB 92, that would allow lawmakers to invest up to 10% of the state’s funds into exchange-traded products tied to digital assets with a market capitalization exceeding $750 billion. 💰 And get this, the bill was personally introduced by none other than the Speaker of the NC House of Representatives, Destin Hall, who’s been described as “one of NC’s most powerful leaders.” 🤯
But wait, there’s more! The bill is also co-sponsored by two “longtime Bitcoin champions,” Representatives Mark Brody and Steve Ross. 🤑 It’s like they’re trying to turn North Carolina into the crypto capital of the South, or at least the state where the politicians are the most tech-savvy. 🤖
And let’s not forget the man behind the scenes, Dan Spuller, the Head of Industry Affairs at the Blockchain Association. He’s been advising North Carolina officials on this bill, and he’s got a big ol’ grin on his face, probably because he’s about to make a killing on the state’s newfound love for digital assets. 💸
So, if you’re a crypto enthusiast, you might want to start packing your bags and heading to the Tar Heel State. 🧳 Who knows, you might even get a chance to rub elbows with the state’s crypto-loving lawmakers. 🤝 Just don’t forget to bring your virtual wallet and your sense of humor, because this is going to be one wild ride! 🎢
As promised, North Carolina’s Strategic Bitcoin Reserve legislation was introduced today.
This is a big deal. Let me explain:
📜 HB 92 bill was personally introduced by House Speaker @DestinHall—one of NC’s most powerful leaders. Top of the food chain.
It will directly…
— Dan Spuller (@DanSpuller) February 10, 2025
Buckle up, folks, because the future of cryptocurrency just got a whole lot more interesting in the Tar Heel State! 🚀 🤑 😎
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2025-02-10 22:37