North Carolina has introduced Senate Bill 327 (SB327) to position itself as a leader in cryptocurrency adoption by allocating up to 10% of public funds to Bitcoin. The bill, introduced by Senators Todd Johnson, Brad Overcash, and Timothy Moffitt, aims to implement a financial innovation strategy and strengthen the state's economic positioning. Bitcoin will be stored in cold storage and subjected to monthly audits, with strict controls on liquidation, permitted only in severe financial crises and requiring a two-thirds approval from the General Assembly for any sale. The creation of a Bitcoin Economic Advisory Board is also mandated for ongoing management guidance. Additionally, North Carolina lawmakers have proposed House Bill 92 (HB92), allowing investments in Bitcoin exchange-traded products, targeting assets with a minimum market cap of $750 billion, further signaling the state's commitment to incorporating Bitcoin into its financial strategy.

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