North Carolina’s Bitcoin Reserve Bill HB 92 Advances in House Committees

On April 17th, COINOTAG reported that the Bitcoin Reserve Bill, known as HB 92, has received approval from the House Pensions and Retirement Committee in North Carolina. This legislative move signifies a growing recognition of Bitcoin as a legitimate asset class, reflecting evolving attitudes towards cryptocurrency regulation. However, before the bill can be presented for a full Assembly vote, it must successfully navigate through an additional three committees, namely Rules, Calendar, and House Operations. The outcome of this process is pivotal, as it will not only shape the regulatory landscape for Bitcoin in North Carolina but also potentially influence other states considering similar legislation. Stakeholders should monitor the progression of HB 92 closely, as its approval could set a noteworthy precedent for digital asset legislation across the United States.