North Carolina Proposal Aims to Allow Payment of Taxes Using Cryptocurrency

BlockBeats News, April 11, North Carolina lawmakers introduced the "Digital Asset Freedom Act" (H.B. 920), which aims to allow the use of cryptocurrency in taxation and other economic transactions. The bill specifies that eligible digital assets must have a market capitalization of at least $750 billion, a daily trading volume of no less than $100 billion, and have a public market operation history of over 10 years with resistance to censorship. It also requires decentralization, no pre-mining, no internal allocation, and no centralized control. The bill does not specifically mention assets like BTC. Previously, the state had introduced several bills related to cryptocurrency, including allowing state officials to invest in Bitcoin and allocating a portion of the pension fund to cryptocurrency.