North Carolina Legalizes Digital Assets: Bitcoin Could Be Included

Representative Neal Jackson’s ‘Digital Asset Freedom Act’ seeks to recognize certain digital assets as legal forms of payment and a valid method for paying taxes in North Carolina. This move aligns with the growing national trend of states exploring digital asset use during economic uncertainty. The act reflects this trend by emphasizing decentralized assets like Bitcoin and potentially leading to their inclusion in state reserves, a strategic step that offers protection against volatile markets.