North Dakota Considers Adding Crypto to State Treasury, Will It Be Bitcoin?

Quick Summary:

Lawmakers recently introduced a resolution aimed at including digital assets and precious metals in the state treasury to protect against inflation and economic uncertainties.

States like Pennsylvania, Texas, Alabama, and Florida have recently explored creating Bitcoin strategic reserves.

For example, in New Hampshire, a bill introduced on January 9 advocates for digital asset investments, specifically allowing only cryptocurrencies with a market cap exceeding $500 billion.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Resolution Bitcoin Digital Crypto Considers Dakota Treasury Adding State States North

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-11 @ 08:13:23 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 25059379

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 13 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #112

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