The state of North Carolina in the United States has legally prepared to buy and hold Bitcoin!

The North Carolina State Assembly in the United States passed a bill today (June 29), the "Bitcoin/Digital Assets/Custody Research" Act.

It is worth noting that the bill requires the state finance department to study ways to purchase and hold Bitcoin in the future, and to hedge the risk of U.S. inflation by holding Bitcoin.

Bill link: https://www.ncleg.gov/BillLookUp/2023/H721

If you are pessimistic about the U.S. government’s attitude towards Bitcoin just by looking at the SEC’s actions, there is no need to do so. The U.S. federal government and states have a two-tier structure, and each state has great autonomy. There are still many states that are more interested in digital assets.

Bullish!

#crypto2023 #SEC #BTC #US