๐๏ธ ๐ก๐ผ๐ฟ๐๐ต ๐๐ฎ๐ฟ๐ผ๐น๐ถ๐ป๐ฎ ๐ ๐ผ๐๐ฒ๐ ๐๐ผ ๐๐น๐น๐ผ๐ ๐๐ฟ๐๐ฝ๐๐ผ ๐ณ๐ผ๐ฟ ๐ง๐ฎ๐ ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐๐
North Carolina lawmakers have introduced the Digital Asset Freedom Act (HB 920) โ a bold proposal that would allow crypto assets to be used for tax payments and other economic activities across the state.
๐ ๐ช๐ต๐ฎ๐ ๐ง๐ต๐ฒ ๐๐ถ๐น๐น ๐๐ป๐ฐ๐น๐๐ฑ๐ฒ๐
โค Only qualified digital assets may be used under the bill.
โค Requirements for eligibility:
Market cap โฅ $750 billion
Daily trading volume โฅ $10 billion
10+ years of public market history
Censorship resistance & decentralization
โค No pre-mining, no internal allocation, no centralized control allowed.
๐ซ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ก๐ผ๐ ๐๐ ๐ฝ๐น๐ถ๐ฐ๐ถ๐๐น๐ ๐ก๐ฎ๐บ๐ฒ๐ฑ
โค The bill does not specify any crypto by name, including BTC.
โค However, the criteria suggest Bitcoin may be the intended primary candidate.
๐ผ ๐ฃ๐ฟ๐ฒ๐๐ถ๐ผ๐๐ ๐๐ฟ๐๐ฝ๐๐ผ-๐๐ฟ๐ถ๐ฒ๐ป๐ฑ๐น๐ ๐ ๐ฒ๐ฎ๐๐๐ฟ๐ฒ๐
โค North Carolina has previously proposed:
Allowing state officials to invest in Bitcoin
Letting pension funds allocate a portion to crypto assets
๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐
If passed, HB 920 could position North Carolina as a U.S. crypto policy leader, merging public finance with decentralized assets in a regulated way.