North Carolina seeks to hold digital assets, gold on the balance sheet
A bill that sailed through the House wants North Carolina to experiment with gold and digital assets to hedge against inflation and systemic credit risks.
A bill that sailed through the House wants North Carolina to experiment with gold and digital assets to hedge against inflation and systemic credit risks.
The new bill by Republican lawmakers argues that an attempt to introduce CBDCs aims at “surveilling Americans and controlling behavior of Americans.”
As per the ruling, personal information on users who have exceeded the threshold will now be turned over to the IRS, in a bid to help root out failures of disclosure to the tax agency.
North Carolina wants to see exactly how deep the blockchain rabbit hole can go.