In the USA North CarolinaThe new bill presented in the state aims to recognize the state as an official payment tool. The HB 920 draft aims to pave the way for the use of crypto currency in both tax payments and economic transactions. Draft law crypto currencyHe acknowledges that the s is legally valid means of change and prevents such transactions from being invalid. This move, which comes in a period of increasing interest in crypto currencies across the United States, is in parallel with President Donald Trump’s pro-cippto money stance.
Opening the use of crypto currency in target tax payments and investments
State representative Neal Jackson The HB 920 draft prepared by two other deputies was presented with the joint signature. The so -called “Freedom of Digital Asset”, the bill, proposes that North Carolina recognizes crypto currencies as an acceptable payment tool in official transactions. According to the text of the law, the fact that a transaction was made only with crypto currency is not a sufficient reason not to be considered legally valid.
The draft law states that only crypto currencies that meet certain conditions will be included. An acceptable crypto currency must have a market value of at least $ 750 billion and a per day of 10 billion dollars per day. With these criteria, it is aimed to meet basic economic requirements such as market depth and liquidity.
Emphasis on security, fair distribution and decentralization
In the bill, not only economic data, but also the technical and management characteristics of crypto currencies are prioritized. Accordingly, an appropriate crypto currency should operate in the open market for at least 10 years, have been proven to be safety and resistance to censorship. At the same time, it must have a decentralized structure. In other words, projects are not supported by a front mining, not distributed from inside and not connected to a central authority.
In particular, projects controlled by a single company or a narrow group are excluded within this framework. All these conditions are aimed at ensuring that crypto currencies remain “independent önemli both technically and philosophically. However, another remarkable element is the bill from a certain crypto currency (eg Bitcoin‘from).
Interest in crypto currencies increased throughout the state
The HB 920 bill stands out in North Carolina as the last link of crypto money -oriented legal initiatives. The other two bills with HB 506 and SB 709 presented last month Pension FundsIt aims to create an investment authority that will allow the part up to 5 percent to invest in crypto currencies. All these steps aim to open more space for crypto currencies in the financial structure of the state.
In addition, the state treasury directly Bitcoin investment HB 92 and SB 327, which foresees its ability, are also submitted to the parliament. All these developments show that North Carolina accelerates not only technological, but also financially integration into crypto currencies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
