North Carolina is making strides toward becoming a leader in the crypto space, with lawmakers pushing forward legislation that could allow public funds to be invested in digital assets. The House of Representatives approved a landmark bill (House Bill 92) this month, paving the way for up to 5% of state investment holdings to be allocated into select cryptocurrencies. However, transparency and safety remain key concerns. Before any investment is made, the treasurer must secure independent third-party reviews confirming secure custody, regulatory compliance, and robust risk oversight. This bill also allows exploration of adding digital assets, like ETPs, to retirement plan participants’ portfolios.