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According to Bitcoin Magazine, North Carolina has officially proposed Bill No. 327, the North Carolina Bitcoin Reserve and Investment Act. The bill was initiated by Senators Johnson and Overcash and passed its first reading on March 19.The bill aims to authorize the state treasurer to allocate up to 10% of public funds to Bitcoin as part of the state's long-term financial strategy. The bill also allows for regulated yield-generating activities such as staking and lending, requires Bitcoin to be stored in multi-signature cold wallets, establishes a dedicated custodial department within the state, creates a Bitcoin Economic Advisory Committee for guidance, and mandates monthly audits.

ChainCatcher news, according to Cointelegraph, Mexico's third richest person Ricardo Salinas will release "The Bitcoin Enlightenment" on May 27.

ChainCatcher news, according to Cointelegraph, the North Carolina House of Representatives passed the Digital Asset Investment Act (HB 92) with a vote of 71 in favor and 44 against, allowing the state treasurer to invest up to 5% of state government funds in approved cryptocurrencies. The bill has now been submitted to the state Senate for review.North Carolina State Treasurer Brad Briner publicly supports the bill, making North Carolina the second state in the U.S. to advance government crypto investment after Arizona. The Arizona legislature passed two cryptocurrency reserve-related bills (SB 1025/SB 1373) on April 28, which are currently awaiting Governor Katie Hobbs' signature. Arizona may become the first state in the U.S. to require public funds to invest in Bitcoin.

ChainCatcher news, Coinbase announced that it will establish a new office in Charlotte, North Carolina, and plans to hire more than 130 local employees over the next six months, with positions mainly focused on compliance and customer support. A company spokesperson stated that the choice of Charlotte is due to the city's rise as a fintech hub, with its rapidly growing population and high-quality talent pool supporting Coinbase's long-term development. Notably, Coinbase still maintains a "remote-first" work model, with about 95% of employees able to choose to work from home or in a hybrid setup. This expansion aligns with the hiring plan announced by Coinbase CEO Brian Armstrong on March 7. Influenced by the pro-crypto policies of the Trump administration, the company plans to add approximately 1,000 positions nationwide this year, which would increase the total number of employees by 27%. However, the spokesperson emphasized that the expansion in Charlotte is primarily based on local talent advantages rather than political factors.

ChainCatcher news, the HB 92 bill in North Carolina has been passed by the House Pension and Retirement Committee, which allows the state treasurer to invest in qualified digital assets, such as Bitcoin.

ChainCatcher news, North Carolina legislators have introduced the "Digital Asset Freedom Act" (H.B. 920), which aims to allow the use of crypto assets in tax and other economic transactions. The bill stipulates that eligible digital assets must have a market capitalization of at least $750 billion, a daily trading volume of no less than $10 billion, and a public market operating history of over 10 years with resistance to censorship. It also requires decentralization, no pre-mining, no internal distribution, and no centralized control. The bill does not specifically mention assets like BTC. Previously, the state had proposed several cryptocurrency-related bills, including allowing state treasurers to invest in Bitcoin and allocating part of pension funds to crypto assets.

ChainCatcher news, according to former Forbes business reporter Eleanor Terrett, former North Carolina Congressman Wiley Nickel, who supports cryptocurrency, announced that he will run for the Senate seat currently held by Senator Thom Tillis.

ChainCatcher news, Coinbase Chief Legal Officer Paul Grewal stated on the X platform that South Carolina has followed Vermont in withdrawing its lawsuit against Coinbase's staking services, which will be restored soon. He noted that this case resulted in South Carolina users losing approximately $2 million in staking rewards and emphasized that American consumers should have clear regulations and protections. He thanked South Carolina Attorney General Alan Wilson for pushing to resolve this matter and hopes other states will follow suit.

ChainCatcher news, according to Bitcoin Laws, the South Carolina Bitcoin Reserve Bill (H4256) will allow the state treasurer to invest 10% of state funds in Bitcoin. The cap for Bitcoin reserves is set at 1 million BTC. The bill was introduced by Representative Jordan Pace.

ChainCatcher news, according to The Block, North Carolina lawmakers have submitted two bills to the House and Senate seeking to allocate 5% of certain pension fund balances to crypto assets, namely "House Bill 506" and "Senate Bill 709." Both HB 506 and SB 709 aim to establish an independent "Investment Management Board" to manage the investments.The introduction of these two new bills follows House Bill 92 (submitted on February 10) and Senate Bill 327 (submitted on March 18), both of which aim to authorize the state treasurer to invest in Bitcoin.

ChainCatcher message, Bitcoin Laws posted on social media revealing the details of the Bitcoin investment bill in North Carolina, namely House Bill 506, which will create a new independent North Carolina Investment Management Authority (NCIA) led by the state treasurer.The NCIA will have the authority to invest 5% of various funds within the state into digital assets.North Carolina's HB506 bill does not actually create a "Bitcoin reserve." However, in terms of tracking direct investments by the state government, it meets the requirements of the SBR (State Bitcoin Reserve) tracking list.

ChainCatcher news, according to the official announcement, Binance has decided to stop trading and delist the following cryptocurrencies on March 28, 2025, at 11:00 (UTC+8): Aergo (AERGO), AirSwap (AST), BurgerCities (BURGER), COMBO (COMBO), Linear Finance (LINA).

According to ChainCatcher news and Bitcoin Laws, the North Carolina Bitcoin Reserve Act SB327 authorizes the state treasurer to allocate up to 10% of public funds to Bitcoin. The custody is managed through multi-signature cold storage, reserves are audited monthly, and sales are only permitted under "severe financial crisis" with strict conditions. North Carolina currently has $9.5 billion in its general fund.

ChainCatcher news, according to Bloomberg, Mexican billionaire Ricardo Salinas plans to privatize his company Grupo Elektra SAB as early as May to escape the constraints of the public market and operate the business independently. Salinas is currently involved in legal disputes with the Mexican government over a tax issue amounting to 6.3 billion pesos (approximately 300 million dollars), while also trying to recover funds lost due to a loan fraud.In November 2023, Elektra applied for a trading suspension to prevent the sale of shares pledged for loans by Salinas, which subsequently led to a 70% drop in stock prices, resulting in a loss of about 5 billion dollars in his net worth. Salinas stated that after privatization, Elektra would restructure its business divisions and might seek partners instead of financing through debt or equity. He also revealed that 70% of his investment portfolio consists of Bitcoin-related assets, while 30% is in gold and gold mining company stocks.

ChainCatcher news, according to Decrypt, North Carolina Representative Deborah Ross has introduced a new bill seeking to have the state treasurer invest up to 10% of funds (over $10 billion) from the state’s funds and pension systems into a Bitcoin ETF.Although the legislation does not specifically mention Bitcoin, it proposes that the state treasurer invest in exchange-traded products that track digital assets, which have had an average market capitalization of at least $750 billion over the past 12 months.Currently, more than a dozen states in the U.S. have proposed bills to invest public funds in digital assets such as Bitcoin or stablecoins. Last week, Montana, Maryland, and Kentucky just submitted such bills. However, the scope and depth of these proposed investments vary by state, with some states allowing direct investment in cryptocurrencies, while others even specifically mention Bitcoin.

ChainCatcher news, according to Jinshi reports, the election situation in the seven key swing states for the U.S. presidential election is as follows:Among the seven battleground states, only the Associated Press predicts that Trump will win in North Carolina;Georgia has the highest number of counted ballots, which appears to favor the Republican Party;Wisconsin has counted about three-quarters of the ballots, but with Trump only leading by a few percentage points, the competition remains fierce;Similar to Wisconsin, Trump also shows a similar lead in Michigan, but less than half of the votes have been counted.In the crucial Pennsylvania (which has 19 electoral votes), it may take several hours or even days to determine the outcome.Arizona has counted less than half of the ballots, and the current results are very close.There is currently very little data available from Nevada.

ChainCatcher news, the counting of votes for the U.S. presidential election is underway. According to the latest preliminary estimates released by several U.S. media outlets, Trump has won 16 electoral votes from the "swing state" of North Carolina.

ChainCatcher news, Fox News reports, Trump is expected to win in South Carolina.