North Carolina Proposes New Bill to Allow Digital Assets for State Taxes

North Carolina lawmakers are pushing forward with a new bill, H.B. 920, aimed at integrating digital assets into state finance. This proposal, known as the Digital Asset Freedom Act, seeks to enable the use of cryptocurrencies for tax payments across the state. To ensure responsible implementation, the bill sets strict eligibility criteria for qualifying digital assets: they must maintain a market cap of at least $750 billion and demonstrate a history of financial stability with no pre-mining or insider allocations.