North Carolina House Approves Bill to Allow Crypto Investments for State Funds

The bill, which passed with a 71–44 vote on April 30, 2025, opens the door for North Carolina to begin building a crypto reserve—a significant step that could influence other states to follow suit. The legislation outlines a framework allowing the Treasurer to diversify state investments, particularly amid rising institutional interest in digital assets.

The bill’s journey through the legislative process was swift. It passed both the second and third readings in the House on the same day and is now expected to move to the Senate for further deliberation. The move comes as interest in state-level crypto integration gains traction across the U.S., driven by increasing confidence in blockchain technology and digital currencies.

HB 92 could position North Carolina as one of the first U.S. states to formally integrate crypto into its treasury strategy. If enacted, it may lead to strategic allocations in assets such as Bitcoin, potentially boosting both the local blockchain economy and state-level preparedness in digital finance.

The post North Carolina House Approves Bill to Allow Crypto Investments for State Funds appeared first on Coindoo.