NC HB92 Passes Senate First Reading: North Carolina Bitcoin Reserve Bill Moves Forward

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NC HB92 Passes Senate First Reading: North Carolina Bitcoin Reserve Bill Moves Forward

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Table of Contents

  • NC HB92 passes Senate first reading
  • North Carolina Bitcoin Reserve Bill is referred to the Committee on Rules and Operations of the Senate
  • North Carolina moves one step closer to establishing not only a Bitcoin and crypto reserve

Just yesterday, we reported that NC HB92 had cleared its third reading in the House of Representatives – now, NC HB92 has passed the Senate’s first reading and been referred to the Committee on Rules and Operations of the Senate, which is responsible for further review and recommendations.

This is a major development not only because it’s one of the most comprehensive crypto reserve bills compared to other states, but also because it reflects strong prioritization and alignment within the Republican majority.

Conclusion

This marks another important step in North Carolina’s pro-crypto trajectory. The rapid progress of NC HB92 may indicate a high likelihood of final approval in the coming weeks — provided the committee delivers a favorable outcome. Stay tuned for updates, and be adaptive in the rapidly evolving regulatory, financial, and crypto landscape.

Disclaimer: The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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Alexandros

My name is Alexandros, and I am a staunch advocate of Web3 principles and technologies. I'm happy to contribute to educating people about what's happening in the crypto industry, especially the developments in blockchain technology that make it all possible, and how it affects global politics and regulation.

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