North Carolina has introduced a bill to establish a strategic Bitcoin reserve for the state, according to a Watcher Guru report.
Bill introduced
The proposal would allow North Carolina to incorporate bitcoin into its financial strategy by creating a state reserve tied to the asset.
If enacted, the legislation would authorize the state to allocate funds for the purchase and management of bitcoin, adding it to public reserves alongside more traditional holdings.
State-level adoption
The bill reflects a broader push by US states to explore bitcoin as a reserve asset.
That trend has unfolded alongside growing interest in public-sector holdings, with several jurisdictions weighing whether bitcoin should play a role in treasury management and reserve diversification.
Early legislative step
For now, the bill remains in its early stages.
Its first reading does not guarantee passage, but it places North Carolina among the states formally advancing legislation tied to bitcoin reserves.