North Carolina's new proposal allows cryptocurrency to be used for tax purposes, but sets strict asset standards

PANews reported on April 11 that according to The Block, North Carolina legislators submitted the Digital Asset Freedom Act (HB 920), proposing to allow residents to pay taxes and other economic affairs with qualified crypto assets. The bill requires that qualified assets must have a market value of at least $750 billion, a daily trading volume of $10 billion, a 10-year market operation record, and be censorship-resistant and decentralized (pre-mining and internal allocation are prohibited).

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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