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North Carolina HB 92 Passes: State Treasurer Can Invest Up to 5% in Crypto, Boosting Institutional Adoption

According to @AltcoinGordon on Twitter, the North Carolina House has passed HB 92, authorizing the State Treasurer to allocate up to 5% of state funds into cryptocurrencies. This legislative move signals increasing institutional adoption and could trigger higher demand for digital assets, potentially impacting crypto market liquidity and price action. Traders should monitor state-level regulatory changes, as this development may encourage similar actions in other jurisdictions, strengthening the long-term outlook for mainstream crypto investment (source: @AltcoinGordon, May 1, 2025).

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