According to the Gate.io News bot and TheBlock, the North Carolina legislature recently proposed the "Digital Asset Freedom Act" (H.B. 920), aiming to incorporate digital assets into the tax and economic transaction system.
The bill sets specific standards for qualified digital assets: a market capitalization of $750 billion, a daily trading volume of $10 billion, and a history of more than 10 years of operation in the public market with censorship resistance. In addition, the assets must meet requirements for decentralization, no pre-mining, no internal distribution, and no centralized control. The bill does not specifically name any digital assets such as BTC.
It is worth noting that North Carolina has previously proposed several bills related to digital assets, including authorizing state treasurers to invest in Bitcoin and allocating part of pension funds to crypto assets.
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North Carolina proposes a free digital asset bill with strict access standards.
According to the Gate.io News bot and TheBlock, the North Carolina legislature recently proposed the "Digital Asset Freedom Act" (H.B. 920), aiming to incorporate digital assets into the tax and economic transaction system.
The bill sets specific standards for qualified digital assets: a market capitalization of $750 billion, a daily trading volume of $10 billion, and a history of more than 10 years of operation in the public market with censorship resistance. In addition, the assets must meet requirements for decentralization, no pre-mining, no internal distribution, and no centralized control. The bill does not specifically name any digital assets such as BTC.
It is worth noting that North Carolina has previously proposed several bills related to digital assets, including authorizing state treasurers to invest in Bitcoin and allocating part of pension funds to crypto assets.