Under the Rug

#DigitalAssetBill North Carolina's Digital Assets Investment Act (HB92): Passed by the North Carolina House on May 1, 2025, this bill authorizes the State Treasurer to invest in digital assets and explore their inclusion in state employee retirement plans. It also proposes a feasibility study for a state-run reserve of seized or forfeited crypto assets, managed by the State Bureau of Investigation. The bill is now under Senate review.Arizona’s Strategic Digital Assets Reserve Bill (SB 1373): Approved by the Arizona House Committee on April 17, 2025, this bill allows the state treasurer to invest up to 10% of a strategic reserve fund in digital assets annually. It awaits a final House vote and the governor’s approval, though Governor Katie Hobbs has a history of vetoing similar bills.Other State-Level Efforts:California: Assembly Bill 1052, amended in March 2025, now focuses on protecting Bitcoin and crypto investor rights, including self-custody protections.New Hampshire: A Bitcoin reserve bill cleared a Senate committee with a 4-1 vote in April 2025