- The North Dakota legislature has announced that it is discussing the inclusion of virtual assets in the balance sheet.
- The resolution aims to minimize the impact of inflation through diversification of state funds.
- The trend of virtual asset adoption by U.S. state governments is accelerating.
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North Dakota, USA, is discussing the inclusion of virtual assets (cryptocurrencies) like Bitcoin (BTC) in its balance sheet.
According to Decrypt on the 10th (local time), the North Dakota legislature has introduced a resolution focusing on investing state funds in virtual assets and precious metals.
The resolution aims to diversify the assets in which the state invests to minimize the impact of inflation on North Dakota's finances. The resolution argues, "Economic conditions are changing, and new investment opportunities are emerging. Prudent investment of national financial resources is necessary."
Meanwhile, the adoption of virtual assets by U.S. state governments is accelerating. State governments currently considering Bitcoin adoption include Florida, Texas, Pennsylvania, Ohio, and New Hampshire. Louisiana introduced Bitcoin and USD Coin payments last September.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀PiCK News
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