News list for " Carolina"
On March 28th, according to Bitcoin Laws, the South Carolina Bitcoin Reserve Act (Bill H4256) will allow the state treasurer to invest 10% of the state's funds in Bitcoin. Bitcoin reserves are capped at 1 million BTC. The bill was introduced by Rep. Jordan Pace.
North Carolina lawmakers have introduced two bills in the House and Senate that could allow the state treasurer to allocate as much as 5 percent of various state retirement funds to cryptocurrencies such as bitcoin. The House Bill 506, introduced by Rep. Brenden Jones on March 24, would create a separate investment agency under the state Treasury.
Bitcoin Laws has published details of North Carolina's Bitcoin Investment Act, House Bill 506, which would create a new independent North Carolina Investment Authority (NCIA) headed by the state treasurer. The NCIA would have the authority to invest 5% of the state's various funds in digital assets. North Carolina's HB506 bill doesn't really create a'bitcoin reserve '. North Carolina's HB506 bill may be the closest in concept to Florida's two bills: HB 487 and...
According to Cointelegraph, North Carolina has introduced a strategic bitcoin reserve bill that could make it the first state in the United States to purchase BTC.
On November 15th, according to Decrypt, retired NFL Carolina Panthers player Russell Okung announced on Thursday that he wants to ensure that his newly formed Capture the Flag rugby league, Bitball, can pay its players in bitcoin. Okung revealed in an interview that he envisions a league in which players can earn bitcoin, fans can have real shares, and the community can accumulate wealth. Okung added: "There are no more middlemen or black box operations, now...
According to foreign media reports, the results in North Carolina may not be known until long after midnight local time, as early vote counts show a very small gap between Trump and Harris.
Preliminary results from the North Carolina exit poll show that 69 percent of voters are white, up from 65 percent in the 2020 exit poll; 19 percent are black, up from 23 percent in 2020; and 8 percent are Hispanic, up from 5 percent in 2020, according to pollster Edison Research. Forty-three percent of voters have a positive view of Trump, compared with 47 percent in the 2020 exit poll. Forty-eight percent of voters have a positive view of Harris, compared with 50 percent in the 2020 exit poll.
On November 3rd, according to a New York Times and Siena College poll, the US election is approaching, and the race between Vice President Kamala Harris and Republican Donald Trump in key swing states is deadlocked. Harris currently has a narrow lead over Trump in Nevada, North Carolina and Wisconsin, while Trump maintains an advantage in Arizona and has smoothed out Hamas' lead in Pennsylvania.
The North Carolina Legislature has passed a bill banning the state from implementing a central bank digital currency (CBDC) issued by the US Federal Reserve, and the Senate has overturned Governor Roy Cooper's veto power. The bill bans North Carolina from accepting CBDCs as a payment method and prohibits it from participating in future CBDC tests by "any branch of the Federal Reserve." On September 9, the Republican-dominated Senate passed the bill by a vote of 27 to 17, just above the 60 percen...
The US Attorney's Office for the Eastern District of North Carolina has publicly honoured Tether, a leading stablecoin issuer, for its assistance in recovering funds linked to a major fraud scheme. Tether helped the Department of Justice move $5 billion in seized assets stolen through a cryptocurrency investment scam known as "pig slaughter". The prosecutor's office pointed out that after the scammers tried to obfuscate the transactions, FBI agents, with the help of Tether, traced the funds that...
North Carolina Attorney General Josh Stein has issued a warning against Bitcoin ATM scams after receiving numerous complaints. The warning outlines tips to avoid such scams, emphasizing caution with unsolicited cryptocurrency payment requests, shifting online relationships to finance, verifying investment advice, and avoiding get-rich-quick scams. Victims are urged to report scams to local law enforcement and consumer protection.
North Carolina Governor Roy Cooper vetoed a bill that would have banned the state from accepting payments in central bank digital currencies (CBDCs) issued by the Federal Reserve. House Bill 690 would also have restricted the state's participation in any CBDC tests by the Federal Reserve. In a statement, Cooper noted that the federal government is working to ensure that any CBDC has the appropriate standards and safeguards for consumers. He added that vetoing the bill would provide an opportunit...
North Carolina Gov. Roy Cooper vetoed a bill that would have banned the state from implementing a Federal Reserve-issued CBDC, despite near-unanimous support in the House and Senate. In a statement dated June 5, Cooper explained that House Bill 690 was too "immature, vague, and reactionary" to be signed into law. The federal level is working to ensure standards and safeguards are in place to protect consumers, investors, and businesses that use digital assets, and North Carolina will not be able...
The North Carolina General Assembly on Wednesday passed a bill restricting the use and acceptance of central bank digital currencies (CBDCs) issued by the Federal Reserve by the state government. House Bill 690 is now before Governor Roy Cooper for approval, a day after the Senate passed it by a 39-5 vote. On June 26, the House passed the bill by a 109-4 vote. If Cooper signs the bill into law, it would immediately ban...
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