FrankCorva on Nostr: Under a new bill, South Carolina’s State Treasurer could allocate up to 10% of the ...

Under a new bill, South Carolina’s State Treasurer could allocate up to 10% of the state’s funds into #bitcoin (with a hard cap at 1 million).

The bill also mandates a proof of reserves.

https://bitcoinmagazine.com/news/proposed-south-carolina-bill-lets-state-treasurer-invest-10-of-state-funds-in-bitcoin