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Digital Asset Freedom Act

A proposal in North Carolina aims to allow the use of cryptocurrency for tax payments

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.
2025-04-11
Cryptographic assets
North Carolina
Digital Asset Freedom Act
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