North Carolina Senate introduces Bitcoin Reserve Act, allowing up to 10% of public funds to be allocated to Bitcoin

Odaily News The North Carolina Senate has introduced SB327, which authorizes the state finance department to allocate up to 10% of public funds to Bitcoin.
Custody method: multi-signature cold storage Reserve audit: monthly review Holding policy: sales are only allowed in "serious financial crisis" and under strict conditions Currently, North Carolina has two Bitcoin reserve bills entering the legislative process, House Bill 92 (HB92) and Senate Bill 327 (SB327). The state's current general fund size is $9.5 billion.