In a landmark move for digital asset adoption, the North Carolina House of Representatives has officially passed House Bill 92 (HB 92), which permits the State Treasurer to allocate up to 5% of the state’s funds into cryptocurrencies like Bitcoin.
The bill, which passed with a 71–44 vote on April 30, 2025, opens the door for North Carolina to begin building a crypto reserve—a significant step that could influence other states to follow suit. The legislation outlines a framework allowing the Treasurer to diversify state investments, particularly amid rising institutional interest in digital assets.
The bill’s journey through the legislative process was swift. It passed both the second and third readings in the House on the same day and is now expected to move to the Senate for further deliberation. The move comes as interest in state-level crypto integration gains traction across the U.S., driven by increasing confidence in blockchain technology and digital currencies.
HB 92 could position North Carolina as one of the first U.S. states to formally integrate crypto into its treasury strategy. If enacted, it may lead to strategic allocations in assets such as BTC, potentially boosting both the local blockchain economy and state-level preparedness in digital finance.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/north-carolina-house-approves-bill-to-allow-crypto-investments-for-state-funds/