#DigitalAssetBill

to Cointelegraph, North Carolina Representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10, 2025. The proposed legislation aims to recognize qualifying digital assets as a legitimate form of payment, including for tax purposes. While the bill does not explicitly mention Bitcoin, it outlines criteria that align closely with Bitcoin's characteristics. These include a minimum market capitalization of $750 billion, a daily trading volume exceeding $10 billion, a market history of at least a decade, proven censorship resistance, a proof-of-work consensus mechanism, absence of a central authority, 99.98% or more network uptime, and a capped supply. The bill emphasizes that decentralized digital assets, free from central governance, adhere to economic principles of limited, noninflationary money, ensuring transaction security and integrity.