North Carolina Advances Bill to Study Holding Bitcoin, Using Crypto to Hedge Against Inflation – Regulation Bitcoin News

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The U.S. state of NorthCarolina has advanced a bill to study holding cryptocurrencies, particularly bitcoin, in the state treasury. NC

 

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North Carolina House passes bill to commission study on holding BitcoinNorth Carolina’s Treasurer could soon be looking into if the state should hold Bitcoin after a bill commissioning such a study passed the state’s House. NCTreasurer Specifically, it would research if such holdings would hedge against inflation and “systemic credit risks,” and if gold and crypto could reduce volatility, increasing the state’s portfolio returns.
Source: Cointelegraph - 🏆 562. / 51 Read more »