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<p>North Carolina is taking a bold step into Bitcoin with the introduction of SB327, a bill that authorizes the State Treasurer to allocate up to 10% of public funds to Bitcoin (BTC) as part of its fiscal reserves.</p><h2 id="north-carolina-moves-to-establish-bitcoin-reserve-with-sb327-bill">North Carolina Moves to Establish Bitcoin Reserve with SB327 Bill</h2><h2 id="key-provisions-of-sb327">Key Provisions of SB327</h2><p>The bill outlines strict rules to ensure the safe custody, transparency, and responsible management of the state’s Bitcoin assets:</p><ul><li>Storage: Bitcoin will be kept in multi-signature (multi-sig) cold storage to provide greater security.</li><li>Proof of Reserves: Assets will be subject to monthly audits, ensuring transparency and accountability.</li><li>HODLing Strategy: Bitcoin sales will be highly restricted, only allowed in cases of severe financial crisis and under strict conditions.</li></ul><h2 id="growing-trend-in-state-level-bitcoin-adoption">Growing Trend in State-Level Bitcoin Adoption</h2><p>North Carolina joins a growing list of U.S. states exploring Bitcoin as a treasury asset, following other jurisdictions that aim to diversify reserves and protect against inflation.</p><p>The bill underscores Bitcoin’s growing role in state-level financial strategies, while also aligning with broader national discussions on crypto-friendly policies and digital asset integration into public finances.</p><p>*This is not investment advice.</p><p><b> Continue Reading: <a href="https://en.bitcoinsistemi.com/us-state-of-north-carolina-prepares-to-buy-bitcoin-with-10-percent-of-its-budget-here-are-the-details/" rel="noopener noreferrer nofollow">US State of North Carolina Prepares to Buy Bitcoin with 10 Percent of Its Budget! Here Are the Details</a></b></p>

US State of North Carolina Prepares to Buy Bitcoin with 10 Percent of Its Budget! Here Are the Details

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