

Cryptocurrency
North Carolina closer to holding crypto on its balance sheet – Crypto News
The North Carolina House has successfully passed a bill to initiate a study regarding the potential inclusion of cryptocurrencies within the state treasury.
The bill, House Bill 721, advanced to the Senate Thursday after passing the House with 73 votes in favor and 40 votes against on Wednesday, according to the North Carolina General Assembly,
The bill specifically tasks the North Carolina State Treasury Department with conducting an investigation into the acquisition, storage, and utilization of investments involving metal bullion and virtual currencies such as bitcoin.
If passed, the Treasury must consider how investments in virtual currencies could be used “to hedge against inflation and systemic credit risks, reduce overall portfolio volatility, and increase portfolio returns over time,” the bills states.
The first version of the bill focused only on metal bullion, but House members elected to add in virtual currencies during the mark-up process. Earlier this month, the House unanimously passed an amendment to the bill to include crypto asset custody as part of the study.
Dan Spuller, head of industry affairs at the Blockchain Association, testified before state legislators in North Carolina as they considered the amendment. North Carolina has become a federal leader in advancing national blockchain policy, and state laws should match appropriately, Spuller said on Twitter aboutthebill.
In Congress, Rep. Patrick McHenry, a Republican from North Carolina and head of the House Financial Services Committee, has made advancing crypto policy a priority this session. Most recently, McHenry has co-sponsored the Market Structure Bill discussion draftan effort to give the CFTC more authority in overseeing crypto markets.
On the state level, North Carolina is not the only state interested in potentially advancing the role of digital assets. Lawmakers in Colorado legalized crypto tax payments last year, although the program has yet to gain widespread popularity,
New York and Wyoming have also become leaders in crypto regulation. New York’s BitLicense program is expected to become the model for other states looking to regulate exchanges and brokers, and the system may influence federal policy. Wyoming’s crypto-friendly banking charter, the first of its kind, has brought more firms to the state, although the banks still face challenges at the federal level,
North Carolina’s state legislative session adjourns at the end of August, so senators will have to act quickly if they want this bill to make it to the governor’s desk before then.
Get the day’s top crypto news and insights delivered to your email every evening. Subscribe to Blockworks’ free newsletter now.
Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can’t-miss tweets and more from Blockworks Research’s Daily Debrief,
Can’t wait? Get our news the fastest way possible. Join us on Telegram and follow us on google news,
-
Technology7 days ago
Best 5G phones under ₹10,000 in July 2025: Infinix Hot 60, Samsung M06 and more – Crypto News
-
Cryptocurrency1 week ago
Scaling the Future: Bitcoin.ℏ’s 10,000 TPS Advantage with Hedera Hashgraph – Crypto News
-
others7 days ago
Japan CFTC JPY NC Net Positions rose from previous ¥103.6K to ¥106.6K – Crypto News
-
Technology1 week ago
Why is Shiba Inu Price Up Today? – Crypto News
-
Cryptocurrency1 week ago
ETH to Lead BTC Over Next 6 Months, Says Galaxy CEO – Crypto News
-
Blockchain7 days ago
Tether Gold (XAUt) Market Cap Soars as Gold Hits Record Highs in 2025 – Crypto News
-
others1 week ago
Arthur Hayes-Backed Altcoin Outpaces Crypto Market Amid Launch of New Partnership With Anchorage Digital – Crypto News
-
Cryptocurrency1 week ago
ETH to Lead BTC Over Next 6 Months, Says Galaxy CEO – Crypto News
-
others1 week ago
US Dollar finds support amid Fed uncertainty and tariff talks – Crypto News
-
Technology1 week ago
‘Screwed up’: Sam Altman warns against using ChatGPT as your lawyer or therapist – Crypto News
-
Technology7 days ago
Who is Shengjia Zhao? ChatGPT co-creator named Chief Scientist at Meta’s Superintelligence Labs – Crypto News
-
Cryptocurrency7 days ago
Market update: Bitcoin rises after US-EU announce framework trade agreement – Crypto News
-
Business4 days ago
Chase Launches $4 Million Grant Program as Restaurants Struggle – Crypto News
-
Cryptocurrency1 week ago
Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume – Crypto News
-
Cryptocurrency1 week ago
Friday charts: Crazy train investing – Crypto News
-
De-fi1 week ago
Windtree Therapeutics Plans $520 Million Raise, 99% for BNB, Secures $500M Equity Line, Uses Kraken Custody – Crypto News
-
Business1 week ago
Buy DexScreener Reactions – Boost Legends: Guide + $5 Bonus – Crypto News
-
Cryptocurrency6 days ago
Bitcoin and Ethereum ETFs Pull in Record-High $11.2 Billion in July – Crypto News
-
Metaverse5 days ago
OpenAI rolls out ‘Study Mode’ in ChatGPT: What is it? How to use? All your questions answered… – Crypto News
-
others5 days ago
Blockchain Gaming Is Growing Up – What’s Behind the Sector’s Quiet Comeback – Crypto News
-
Technology4 days ago
Is AI causing tech worker layoffs? Thats what CEOs suggest, but the reality is complicated – Crypto News
-
Blockchain3 days ago
SEC Crypto ETFs Ruling Brings Structural Fix, Not Retail Shakeup – Crypto News
-
Business3 days ago
Breaking: Solana ETFs Near Launch as Issuers Update S-1s With Fund Fees – Crypto News
-
Cryptocurrency3 days ago
XRP inflows drop 95% since July spike, while Chaikin data signals possible rally – Crypto News
-
Metaverse1 week ago
How AI can weave a future for Kashmir’s centuries old carpet industry – Crypto News
-
De-fi7 days ago
ETH Unstaking Queue Hits Record High, Led by Justin Sun-Linked Addresses – Crypto News
-
others6 days ago
‘Sit Tight With Bitcoin’ Robert Kiyosaki Predicts Great Depression 2.0 – Crypto News
-
Business6 days ago
Ethereum Breaks $3,900 as SharpLink Makes Another $295M ETH Purchase – Crypto News
-
Business6 days ago
Breaking: US SEC Delays Launch Of Truth Social’s Bitcoin ETF And Grayscale’s Solana ETF – Crypto News
-
Technology5 days ago
Breaking: BlackRock’s Ethereum ETF Staking Proposal Advances As SEC Acknowledges Filing – Crypto News
-
Cryptocurrency4 days ago
Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – Crypto News
-
Technology4 days ago
Coinbase exchange targets alleged cybersquatter in lawsuit – Crypto News
-
Business4 days ago
Stablecoins Won’t Boost Treasury Demand, Peter Schiff Warns – Crypto News
-
Metaverse1 week ago
OpenAI finally rolls out ChatGPT Agent after week-long delay: How it works – Crypto News
-
Cryptocurrency1 week ago
Tea App That Claimed to Protect Women Exposes 72,000 IDs in Epic Security Fail – Crypto News
-
Technology1 week ago
Indias startup wave merges AI with tradition for smarter daily solutions – Crypto News
-
Cryptocurrency6 days ago
ZK breakthroughs, onchain comebacks and stablecoin shakeups – Crypto News
-
Technology6 days ago
Solayer Launches USDC-Powered Hotel Booking Platform To Give Crypto Travel a Boost – Crypto News
-
others6 days ago
EUR/USD dives as the US Dollar outperforms with all eyes on the Fed decision – Crypto News
-
Technology5 days ago
Spotify hits 276M subscribers and strong user growth in Q2, but revenue and profit fall short of targets – Crypto News
-
Technology4 days ago
Ethereum Price Prediction- Bulls Target $5,400 Amid DeFi Revival and Soaring TVL – Crypto News
-
De-fi3 days ago
White House Crypto Report Recommends Expanding CFTC’s Role in Crypto Regulation – Crypto News
-
Technology3 days ago
Solana DEX volume dips 20% after co-founder slams meme coins – Crypto News
-
Technology3 days ago
Coinbase to Offer Tokenized Stocks and Prediction Markets in U.S. – Crypto News
-
Technology3 days ago
Tim Cook confirms Apple will ramp up AI spending, ‘open’ to acquisitions – Crypto News
-
Blockchain2 days ago
Bank of America Sees Interest in Tokenization of Real-World Assets – Crypto News
-
De-fi7 days ago
Bank of America Says U.S. Lenders Ready Stablecoin Launches – Crypto News
-
Technology6 days ago
Just In: $111B Brokerage Giant Interactive Brokers Explores Stablecoin for Funding – Crypto News
-
others6 days ago
Breaking: PayPal to Let Merchants Accept Payments in Over 100 Cryptocurrencies – Crypto News
-
Blockchain5 days ago
SEC Gives Green Light to In-Kind Transactions for Crypto ETPs – Crypto News