North Carolina’s House of Representatives has taken a significant step toward expanding its crypto adoption by passing House Bill 92, the Strategic Bitcoin Reserve Bill. This legislation allows the state to establish a digital asset reserve focused primarily on Bitcoin and similar tokens, though it doesn’t directly authorize cryptocurrency purchases. Instead, it permits investment in funds linked to these assets like Bitcoin mutual funds. This bill, introduced by House Speaker Destin Hall, aims to diversify the state’s portfolio. Keith Kidwell, one of the main proponents, emphasizes responsible investments, aligning with financial consultant best practices. The bill also enables state employees to allocate a portion of their pension funds towards cryptocurrencies.