Summary
- The US state of North Carolina reportedly introduced legislation to hold Bitcoin (BTC) as a strategic asset.
- It said the bill passed its first review, signaling a state-level move to include Bitcoin in reserve assets.
- It added that the market is seeing analysis that, if this trend spreads, it could act as a factor behind growing Bitcoin demand from institutions and governments.
Forecast Trend Report by Period
The US state of North Carolina has introduced legislation to hold Bitcoin (BTC) as a strategic asset.
According to the X (formerly Twitter) account of cryptocurrency-focused outlet Bitcoin Magazine on the 19th (local time), the bill is reported to have passed its first review on the day.
The legislation is a move at the state government level to include Bitcoin in reserve assets, pointing to the potential for a shift in how public assets are managed.
Market participants say that if this trend spreads, it could serve as a factor driving increased institutional and government-level demand for Bitcoin.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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