Should NC invest state funds in cryptocurrency? NC House Speaker says yes

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One of the top priorities for new state House Speaker Destin Hall will be allowing North Carolina to start investing state funds in cryptocurrency, he announced Monday.

Top legislative leaders usually sponsor only a small number of bills each year — so when they do put their name on something, it stands out. Of the dozens of bills filed so far in 2025, Hall has only put his name on one: House Bill 92, filed Monday, which would allow the state treasurer to invest up to 10% of certain funds into cryptocurrencies such as Bitcoin.

“We are seeing a rapid shift towards embracing blockchain technology and digital assets across the United States,” Hall said in a statement on Monday. “Investing in digital assets like Bitcoin not only has the potential to generate positive yields for our state investment fund but also positions North Carolina as a leader in technological adoption and innovation.”

He filed it alongside fellow Republican…

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