North Carolina proposes to allow crypto assets to be used for tax payments

Odaily Planet Daily News: North Carolina legislators proposed the Digital Asset Freedom Act (H.B. 920), which intends to allow the use of crypto assets in tax payments and other economic transactions. The bill stipulates that qualified digital assets must have a market value of at least US$750 billion, a daily trading volume of no less than US$10 billion, and a history of public market operations of more than 10 years and censorship resistance. At the same time, they are required to be decentralized, have no pre-mining, no internal allocation, and no centralized control. The bill does not explicitly mention specific assets such as BTC. Previously, the state has proposed a number of currency-related bills, including allowing state finance officials to invest in Bitcoin and invest part of their pensions in crypto assets. (The Block)