The post North Dakota Considers Adding Crypto to State Treasury, Will It Be Bitcoin? appeared first on Coinpedia Fintech News
North Dakota has joined the growing list of U.S. states exploring cryptocurrency as a part of its financial strategy, following other state Bitcoin proposals. Lawmakers recently introduced a resolution aimed at including digital assets and precious metals in the state treasury to protect against inflation and economic uncertainties.
Proposal to Diversify State Investments
On January 7, North Dakota legislators presented House Concurrent Resolution (HCR) 3001. The resolution suggests that the State Treasurer and Investment Board invest in digital assets and precious metals to safeguard key funds, including the state general fund budget stabilization fund, and legacy fund.
This step is seen as a way to strengthen the state’s financial future and mitigate risks posed by inflation.
However, the proposal, sponsored by six Representatives and two Senato
We współpracy z: https://coinpedia.org/news/north-dakota-considers-adding-crypto-to-state-treasury-will-it-be-bitcoin/
