US States Ramp Up Crypto Legislation Amid Industry Growth

Nine US states have introduced crypto-related bills in February, covering topics from Bitcoin reserves to digital asset task forces, reflecting growing state-level interest in blockchain regulation.

The surge follows the 2024 elections, where the crypto industry spent nearly $250 billion backing pro-crypto candidates.

Among recent proposals:

North Carolina introduced the NC Digital Assets Investments Act on Feb. 10, allowing public fund investments in crypto ETPs with at least $750 billion market cap. Investments are capped at 10% of state funds.

House Speaker Destin Hall said the move aligns with President Trump’s vision of US leadership in crypto innovation.

The trend signals a broader push for state-level crypto adoption across the US.

Source: Cointelegraph

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

- Advertisement - spot_img

You might also like...