Representative Neal Jackson introduced North Carolina’s Digital Asset Freedom Act on April 10, 2025. This legislation aims to legitimize digital assets as a form of payment, including for tax purposes. While not explicitly mentioning Bitcoin, the bill aligns with criteria closely resembling those associated with Bitcoin, such as market capitalization, trading volume, and network uptime. The act emphasizes the economic principles of limited, non-inflationary money while ensuring transaction security and integrity. 5 This initiative represents a growing trend in the U.S., where states are exploring Bitcoin strategic reserve legislation to address inflation concerns, high federal debt, and currency depreciation. Following Governor Roy Cooper’s veto of a bill aiming to ban CBDCs in July 2024, the North Carolina House of Representatives overrode this veto with a decisive vote in August 2024, followed by the Senate’s 27-17 vote in September 2024. This marks the enactment of anti-CBDC legislation. The Blockchain Association’s head of industry affairs, Dan Spuller, praised North Carolina lawmakers for their stance against CBDCs. Spuller argued that Governor Cooper’s veto was a missed opportunity to send a strong message about the state’s unified opposition to CBDCs. This sentiment is echoed by the crypto advocacy community, who view these state-level actions as crucial in shaping the future of digital currencies in the U.S. As North Carolina continues to navigate this evolving landscape, its actions on digital assets and CBDC legislation could have far-reaching implications for the state’s economic strategy.